A THEORY OF DYNAMIC
OLIGOPOLY, I: OVERVIEW AND QUANTITY COMPETITION WITH LARGE FIXED COSTS BY ERIC MASKIN AND JEAN TIROLE' The paper introduces a class of alternating-move infinite-horizon models of duopoly. The timing is meant to capture the presence of short-run commitments. Markov perfect
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of oligopoly†. DREW FUDENBERG and JEAN TIROLE. 1. INTRODUCTION. THIS MONOGRAPH surveys some recent work on dynamic
oligopoly. While we have tried to cover a selection of topics that is a fairly representative sample of current research, these notes are not intended as an exhaustive survey of the field.
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