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Keywords: Multiple incumbents
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Journal Articles
Strategic Behavior and the Environment (2013) 3 (4): 251–278.
Published: 21 August 2013
...Ana Espínola-Arredondo; Fȳlix Muñoz-García We examine an entry-deterrence model with multiple incumbents who strategically increase their individual appropriation in order to prevent entry. We show that entry deterrence yields a welfare improvement, relative to contexts of unthreatened entry...
