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    Lumpy Capacity Investment and Disinvestment Dynamics
    13 years 3 months ago
    Lumpy Capacity Investment and Disinvestment Dynamics
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    Capacity addition and withdrawal decisions are among the most important strategic decisions made by …rms in oligopolistic industries. In this paper, we develop and analyze a ful...
    David Besanko, Ulrich Doraszelski, Lauren Xiaoyuan...
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