incumbent manufacturer transfer profits to retailers. If entry is accommodated, upstream competition leads to fierce down …- stream competition and the breakdown of RPM. Hence, via RPM, retailers internalize the effect of accommodating entry on the … effect of a retailer cartel. We also consider the effect of imperfect competition. Empirical and policy implications are …

expectations of future profits which, in turn, depend on the nature of competition within the market. In this paper we estimate a … by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …

in consolidation has led to concern about competition in local markets for hospital services. We examine the effect of … market structure on competition in local hospital markets -- specifically, does the hardness of competition increase with the …

straightforward empirical tests from a model of patient demand, procedure quality, and differentiated product competition. Using …

In a dynamic environment where underlying competition is "for the market," this paper examines what happens when …

under competition with non-deceptive counterfeiting and deceptive counterfeiting, respectively, as well as under monopoly …

. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …This paper tests how competition in local U.S. banking markets affects the market structure of non-financial sectors …