Econ 460: Industrial Organization - ECON Home
Econ 460: Industrial Organization. 0101, Fall 2008. Problem set 3. Due: Tuesday December 8, 11am. 1. Describe the distinction between pre-emption (as in our pre-emptive increase of plant size) and pre-commitment (as in our model of capacity commitment). The difference is subtle. In our model of pre-emption, we have distinct time periods with ... ................
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