We analyze spying out a rival’s price in a Bertrand market game with incomplete information. Spying transforms a …-espionage may aggravate the price leadership induced by spying. Altogether, our analysis offers an explanation and generalization of …

In this paper we show how an upstream firm can prevent destructive competition among downstream firms producing … relatively close substitutes by implementing a price-dependent profit-sharing rule. The rule also ensures that the downstream …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … to the steady state. While fiercer competition (lower transportation costs or less sluggish demand) leads to higher … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies. …

This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in … competition leads to a decrease in trustworthiness, especially among partners. We argue that once competition comes into play …

of non-price competition. Home attachment reduces the intensity of tax competition, but generates a strategic …If countries anticipate Bertrand competition in tax rates, they may expend effort that makes some of their tax payers … use. I analyse how such activities interact with Bertrand tax competition if the size of the group of loyal and non …

This paper reports the results from a statistical analysis of pharmaceutical price negotiations in Germany, where the …' launch strategy (freely chosen first year price) still has a major impact on pricing while the impact of the additional …

behaviour of investors and on Bitcoin price co-movements. Further, the probability of Bitcoin exchanges shutdowns is higher in …