I model optimal product-market competition policy when industriesdiffer inthe potential for quality-improving technological advance. In a two-periodmodel, a competition authority with limited resources administers adeterrence-based competition policy toward two industries. In one...

I model optimal product-market competition policy when industriesdiffer inthe potential for quality-improving technological advance. In a two-periodmodel, a competition authority with limited resources administers adeterrence-based competition policy toward two industries. In one...

We introduce a cost of location into Hotelling’s (1929) spatial duopoly. We derive the general conditions on the cost-of-location function under which a pure strategy price-location Nash equilibrium exists. With linear transportation cost and a suitably specified cost of location that rises...

This thesis includes two essays. Essay 1 analyzes the diffusion process of a cost-reducing technology innovation within an industry. Two factors generate the diffusion. The first factor is the gently declining production cost with the innovation, which makes technology adoption more profitable...

Contests are economic or social interactions in which two or more players expend costly resources in order to win prize(s). The resources expended by players determine their probability of winning a prize. This dissertation investigates theoretical and experimental applications of Contest theory...