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A whole flurry of David & David, apparently bsky.app/profile/rati...
21h
Georg Weizsäcker
How the "law of one price" fails in asymmetric competition: David Ronayne and David P. Myatt show that vanishing customer loyalty induces a "law of monopoly pricing" where most firms charge the maximum price while one leader anchors the market at the second-lowest cost.
21h
Revisiting Bertrand Competition with Captive Customers
Myatt & Ronayne: "Bertrand competition and captive customers" Economics Letters, Volume 257 (December 2025)
190researchblog.substack.com
CRC Rationality & Competition