Showing 1 - 7 of 7
increase in competition. This paper develops a two-country endogenous growth model, with form speciffic R&D and a continuum of … oligopolistic sectors under Cournot competition to providea theoretical support to this claim. Since countries are assumed to …. Under Cournot competition, trade is pro-competitive. Since forms undertake cost reducing innovations, the increase in …
Persistent link: https://www.econbiz.de/10010547102
contracting to a pre-existing spot market. We deal separately with the cases where spot market competition is in quantities and … types of competition the introduction of a forward market significantly lowers prices. The combination of supply function … competition with a forward market leads to high efficiency levels. …
Persistent link: https://www.econbiz.de/10010547195
We study how gender differences in performance under competition are affected by the provision of information regarding … about gender is a safe alternative to avoid womens underperformance in competition. …
Persistent link: https://www.econbiz.de/10010547208
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that … in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff … gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the …
Persistent link: https://www.econbiz.de/10010547347
This paper studies the relationship between the auctioneer's provision of information and the level of competition in … provide the efficient level of information. We also look at the effect of competition as parameterized by the number of …
Persistent link: https://www.econbiz.de/10010547489
Competition typically involves two main dimensions, a rivalry for resources and the ranking of relative performances … sometimes underperform under– competition. It has been argued that adapting the institutions under which competition takes place …
Persistent link: https://www.econbiz.de/10011203038
We build a model of mutual fund competition in which a fraction of investors ("unsophisticated") exhibit a preference … engage in competition for sophisticated investors either, and choose instead, to cater to unsophisticated investors. If … familiarity bias is high enough, bad funds survive competition from higher quality funds despite offering lower after …
Persistent link: https://www.econbiz.de/10011203040