. Competition from venture capitalists increases corporate venturing activity, the salaries of potential entrepreneurs, and total …

This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … competition (lower transportation costs and/or less sluggish demand) leads to higher quality in both solutions, but the quality … response to increased competition is weaker when players use closed-loop strategies. In both solutions, quality and demand move …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … drops to the minimum level in steady state, implying that quality competition is effectively eliminated. In this case …, static models tend to exaggerate the positive effect of competition on quality. Our results can explain the mixed empirical …

of hospital competition, the effect of increased competition depends on the parameter of measurement: Lower travelling …This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … competition leads to longer waiting times in equilibrium if the competitive segment is sufficiently large. Given a policy regime …