C3PAClarion 3rd Party Association (programmers)
C3PAClimbing Conservancy of Central Pennsylvania
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References in periodicals archive ?
As noted above, in the C3PA's undifferentiated Bertrand model of product-market competition, entry by E hurts S, benefits B by more, and confers a net benefit on S and B jointly, so B and S jointly don't want to discourage entry by E.
As noted above, the C3PA can't ask whether the buyer is hurt (or it gives a facile negative answer); nor can the modified three-party model above or the Aghion-Bolton model.
(3) As a result, if such unsuccessful entry incurs even a small sunk cost, it will not happen, but I follow the C3PA here in assuming no such sunk cost.