We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a …

This Paper examines the importance of competition in the growth and development of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors … environment, and needed to innovate at least modestly in order to survive. Second, we measure directly the degree of competition …

This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive … to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …

foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human …

government regulation may reduce transaction costs, intensifying the competition associated with a given market structure, and we …

substitutability of market competition and private ownership in increasing firm efficiency. We analyse a simple Cournot model that … competition, and thus that competition only among state-owned enterprises may be ineffectual in stimulating them to increase …

general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that … competition has an important and non-monotonic effect on the growth of sales and of labour productivity: some degree of perceived … market power is associated with higher sales growth, but competitive pressure is also important. Similar competition effects …

complements this pattern is reinforced while under competition in substitutes the principals trade off the benefits of …