This paper provides a theory of venture capital financing based on the complementarity between the financing and …

Pricing policy for any experience good faces a key tradeoff. On one hand, a price reduction increases immediate demand …

In this paper, we examine how cross-market price restrictions impact strategic entry and pricing decisions. A … motivating example is the 1996 Act in the United States which opens telecommunications markets to competition and contains a …

led to patterns of behaviour that suggest imperfect competition and market segmentation. At times in the past, the …

welfare. Key parameters of demand and supply are estimated for leather footwear exports from Taiwan subject to the USA Orderly …

provision or cheap talk, and competition inherent to social media may incentivize participants to either process better …, we find evidence that social media can be informative about future stock returns but that competition distorts opinions … rather than encouraging participants to process better information. In particular, competition induces exaggerated negative …

theory-based econometric specification linking destination-specific exports to foreign demand and the degree of 'crowdedness …

We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a … unbiased estimates of the competition effects from entry. We apply our approach to seven different local service sectors. We …