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through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …
Persistent link: https://www.econbiz.de/10012836956
of multi-homing on both sides is mostly ignored in the literature on competition between two-sided platforms. We help … fill this gap by developing a model for platform competition in a differentiated setting (a Hoteling line), which is …
Persistent link: https://www.econbiz.de/10012840538
We integrate a market microstructure model with an exchange competition model with entry in which exchanges supply … strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior outcome in terms of …
Persistent link: https://www.econbiz.de/10012892152
We focus on the estimation of market entry costs that are declining over time and evaluate their impact on competition …
Persistent link: https://www.econbiz.de/10012822507
We develop a dynamic model of hospital competition where (i) waiting times increase if demand exceeds supply; (ii …
Persistent link: https://www.econbiz.de/10012866383
The emergence of competition is a defining aspect of human nature and characterizes many important social environments …
Persistent link: https://www.econbiz.de/10012866401
I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of … competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads …
Persistent link: https://www.econbiz.de/10012857911
exactly the same set of consumers, or that only one firm profiles consumers, as this entails marginal cost pricing (so does a …
Persistent link: https://www.econbiz.de/10012858202
This paper studies a market for a medical product in which there is perfect competition among health insurers, while …
Persistent link: https://www.econbiz.de/10013221173
win rebates can effectively encourage further conservation among those who can meet the threshold reduction. The theory …
Persistent link: https://www.econbiz.de/10013239327