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HomeMIT 14.271 Industrial Organization I, Fall 2022Lecture 06: Static Competition and Models of Differentiation, Part 2

Lecture 06: Static Competition and Models of Differentiation, Part 2

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Lecture 07: Estimation of Demand, Supply, and Market Power, Part 1

In this lecture, Glenn Ellison discusses the empirics of static competition, which is a theoretical model of competition in economics that assumes an infinite number of buyers and sellers, and perfect knowledge.