We consider dynamic competition among platforms in a market with network externalities. A platform that dominated the … the focal platform whenever such equilibrium exists. Yet when faced with higher-quality competition, can a low …

competition and the group effect support the profits of firms with a high ethical code. Paradoxically, a strong group identity …

III rules, thus suggesting a ‘race to the top' in capital standards. We study regulatory competition when banks are …

We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …

voluntarily under PWYW. Furthermore, to see how competition affects the viability of PWYW, we implement markets in which a PWYW …

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 …

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