We provide a unified approach to imperfect (monopolistic, Bertrand, and Cournot) competition when preferences are symmetric over a finite but endogenous number of goods. Markups depend on the ...

Today we compare how three major markets have tackled market structure problems. What stands out is that there is no silver bullet for the perfect market structure. Some aspects of markets are ...

This paper shows that the issues in the recent discussion over the 'home-market effects' are more complicated than previously thought. It is shown that, in general, market size matters for industrial ...