Nicolini, Juan Pablo; Marimon, Ramon; Teles, Pedro - Departamento de Economía, Universidad Torcuato Di Tella - 2000
We study the interaction of competition and reputation as e¢- ciency enhancing mechanisms in environments where informational or lack of commitment constraints a¤ect the ability of …rms to compete for market shares. We …rst analyze a dynamic model of monopolistic competition with...