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Three duopolists operate in a market with inverse demand given by p ( Q ) = a - q , where Q = q 1

Three duopolists operate in a market with inverse demand given by p(Q)=a-q, where Q=q1+q2+q3 and qi is the quantity produced by firm i. Each firm has a constant marginal cost of production, c, and no fixed cost. The firms choose their quantities as follows: (1) firm 1 chooses q1; (2) firms 2 and 3 observe q1 and then simultaneously choose q2 and q3, respectively.

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