; corporate governance; market structures and competition; and financial constraints. We conclude that private ownership and …

We construct a price-theoretic model of firms' integration decisions under perfect competition and study their …

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

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

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 …

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 …