quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from …

This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric … subsidy competition, starting from an equilibrium where the industry core is inefficiently locked in to the smaller region …

developing a novel approach to competition between different organizational forms, it frames the relevant trade-offs precisely …

broker therefore strategically sells partial information on consumers in order to soften competition between firms. Extending …

Empirical studies have uncovered an inverted-U relationship between product-market competition and innovation. This is … inconsistent with the original Schumpeterian Model, where greater competition reduces the profitability of innovation. We show that … the model can predict the inverted-U if the innovators' talent is heterogenous, and privately observable. With competition …

competition by a competitive fringe that produces low quality. We show that the brand manufacturer optimally provides a decoy good …

We consider campaign competition in which candidates compete for votes among a continuum of voters by engaging in … to the vote-share maximizing game. If the candidates are symmetric ex ante, both types of electoral competition dissipate …

In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics … Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …