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Voter turnout is frequently cited as gauging a polity's health. The ease with which electoral members produce political support can, however, retard an economy's productive capacity. For example, while mobile electorates might efficaciously monitor political agents, they may also lack...
Persistent link: https://www.econbiz.de/10005556935
Voter turnout is frequently cited as gauging a polity's health. The ease with which electoral members can produce political support, however, can retard an economy's productive capacity. For example, while mobile electorates might efficaciously monitor political agents, they may also lack...
Persistent link: https://www.econbiz.de/10005561806
Voter turnout is frequently cited as gauging a polity's health. The ease with which electoral members produce political support can, however, retard an economy's productive capacity. For example, while mobile electorates might efficaciously monitor political agents, they may also lack...
Persistent link: https://www.econbiz.de/10005125893
In the paper we analyze how the possibility of revealing information to a competitor alters the entry … anticipates that there is a strategic advantage in choosing an initially small scale of entry: in this way it 'commits' itself to … to postpone entry into market. …
Persistent link: https://www.econbiz.de/10005561373
the context of the effect of entry on firm selection in a Cournot setting. It is found that inefficient firms are more …
Persistent link: https://www.econbiz.de/10005561413
Using data from the TASS/Tremont hedge fund database, this article performs an empirical analysis of the evolution of the hedge fund industry within an industrial organization framework.
Persistent link: https://www.econbiz.de/10005561436
, if the network effect is sufficiently strong, a quantity leader has an incentive to invite entry and license his … network externality and will invite entry. In markets with very strong network externalities, the leader pays a subsidy to the … invited followers. We also show that the results hold under uncertainty, and when the post-entry competition is Cournot. …
Persistent link: https://www.econbiz.de/10005561463
specifications, full incompatibility and preemption are again observed at the equilibrium. With incompatibility, entry deterrence …
Persistent link: https://www.econbiz.de/10005134422
The theoretical literature on industrial organization has been argued that firms hold excess capacity to deter entry … hold excess capacity not for entry deterrence but for getting higher benefit from other business strategy such as licensing …
Persistent link: https://www.econbiz.de/10005134504
The literature on technology licensing has ignored the importance of market power of the input supplier. In this paper we examine the impact of licensing in the downstream industry when the firms in the upstream industry have market power. We show that licensing in the downstream industry can...
Persistent link: https://www.econbiz.de/10005134560