Cooperatives as Entrants

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Richard J. Sexton; Terri A. Sexton;
  • Journal: RAND Journal of Economics, volume 18, issue 4 Winter, pages 581-595

A potential shortcoming of game-theoretic models in industrial organization is their failure to consider consumers as players. We introduce a customer coalition --- a cooperative -- as a potential entrant and compare the cooperative entry threat with that posed by the u... View more
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