We study an endogenous business cycle model with Cournotian monopolistic competition and an endogenous number of firms …

Competitive aggressiveness is analyzed in a simple spatial competition model, where each one of two firms supplies two … controlled by each firm through its manager hiring decision, in a preliminary stage of a delegation game. When competition is … effect on profitability of more intense competition. …

consumers. The regulator designs a mechanism that guarantees financing of the essential input and adequate competition in the …

There is a general presumption that competition is a good thing. In this paper we show that competition in the … competition if and only if competition leads to market unravelling. When there are a continuum of types the efficiency of … competition is less trivial. In effect monopoly is shown to provide better insurance but at the cost of driving out some agents …

-stages model with quality choice made before price competition takes place, the authors show that EU antidumping policy that takes … the form of price-undertaking offers a powerful protection to domestic firms, but only at the price competition stage …

buy simultane- joint purchase .We show that this option dramatically a .ects price competition:while a unique equilibrium …