Showing 1 - 10 of 10
quality - but also with more competition among suppliers. Both associations hold only for parts involving comparatively … relationships involving higher trust, buyers are able to induce higher investment and more intense competition among suppliers - but …
Persistent link: https://www.econbiz.de/10012866364
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10010265975
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … is minimal for intermediate levels of competition, which is inversely parameterized by the extent of product …
Persistent link: https://www.econbiz.de/10010315491
The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We … carry out experiments for two-stage games, where R&D investment choices are followed by product market competition. As …
Persistent link: https://www.econbiz.de/10010315529
This paper investigates the relationship between telecommunications infrastructure competition, investment and …
Persistent link: https://www.econbiz.de/10010284184
equilibrium unemployment. The relationship between the long-run unemployment and the intensity of product market competition is …
Persistent link: https://www.econbiz.de/10010261119
Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative … relatively narrow definitions of increasing competition. The paper also shows that competition is more likely to increase the … investments of leaders than those of laggards. When R&D-spillovers are strong, competition is less likely to increase investments …
Persistent link: https://www.econbiz.de/10010315513
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010283608
This paper studies R&D investment decisions of a firm facing the threat of new technology entry and subject to technical uncertainty. We distinguish four scenarios: inevitable entry, entry deterrence, entry blockade, and non-credible entry threat. The entry threat stimulates the incumbent to...
Persistent link: https://www.econbiz.de/10010261128