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In: Economics

Suppose the IOC announced that it would hold all of its Summer Games in Athens and...

Suppose the IOC announced that it would hold all of its Summer Games in Athens and all of its Winter Games in Sapporo. What is the likely impact on the monopoly power of the IOC, the IOC’s ability to exploit an all-or-nothing demand curve, and the winner’s curse?

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Rahul Sunny answered 2 years ago
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