This paper investigates the drivers of support for market mechanisms (competition and optimizing behavior by agents …

We argue that inter-jurisdictional competition in a regionally decentralized authoritarian regime distorts local … presence of regional spillover and the incentive for political competition leads to biased resource allocations against the … political competition, they allocate less government procurement contracts to firms in the competing city; second, local firms …

This paper studies how competition affects firms' expectations in a new dynamic general equilibrium model with rational … inattention and oligopolistic competition where firms acquire information about their competitors' beliefs. In the model, firms …

competition between the two channels, the paper uses a two step approach. First, it fits hedonic regressions for the prices paid …

Competition in many important industries centers on investment in intellectual property. Firms engage in dynamic …, Schumpeterian competition for the market, through sequential winner-take-all races to produce drastic innovations, rather than … through static price/output competition in the market. Sound antitrust economic analysis of such industries requires explicit …

partners. Finally, we find that the size of the fare effect of the alliance depends on the pre-alliance level of competition on … a city pair with the effect being larger on those city pairs where the level of competition was relatively low …