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Ten facts on declining business dynamism and lessons from endogenous growth theory
Akcigit, Ufuk; Ates, Sina T. - 2019
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10012104042
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Benefits of regulation vs. competition where inequality is high : the case of mobile telephony in South Africa
Hawthorne, Ryan; Grzybowski, Lukasz - 2019
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly unequal country, South Africa. Using six waves of a consumer survey of over 134,000 individuals between 2009-2014, we estimate a discrete-choice model allowing for...
Persistent link: https://www.econbiz.de/10012029118
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The value of incumbency in heterogeneous platforms
Biglaiser, Gary; Crémer, Jacques - 2016
We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …
Persistent link: https://www.econbiz.de/10011444881
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The impact of horizontal mergers on market structure : evidence from the semiconductor industry
Siebert, Ralph - 2016
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of firms in the markets. We empirically test this aspect of...
Persistent link: https://www.econbiz.de/10011481190
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Softening competition by enhancing entry : an example from the banking industry
Bouckaert, Jan; Degryse, Hans - 2002
We show that competing firms relax overall competition by lowering future barriers to entry. We illustrate our findings …-period profits. This dampens competition for serving the first-period market. …
Persistent link: https://www.econbiz.de/10011541031
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Optimal compatibility in systems markets
Kim, Sang-Hyun; Choi, Jay Pil - 2014
-dimensional spatial competition model. We develop a new methodology to analyze competition on a torus and show that there is a fundamental …, firms are likely to choose the minimal compatibility to maximize product differentiation and soften competition. This is in …
Persistent link: https://www.econbiz.de/10010424907
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Imminent entry and the transition to multimarket rivalry in a laboratory setting
Mason, Charles F.; Phillips, Owen R. - 2016
experience entry and other do not. In all pre-entry markets competition is more intense. Post-entry behavior in all markets is …
Persistent link: https://www.econbiz.de/10011451143
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Does envelopment through data advantage call for new regulation?
Langus, Gregor; Lipatov, Vilen - 2021
Envelopment is an effective form of market entry that facilitates competition among platforms. Nevertheless, many …
Persistent link: https://www.econbiz.de/10012485350
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A dynamic model of political party equilibrium : the evolution of ENP in Canada, 1870-2015
Ferris, John Stephen; Winer, Stanley L.; Olmstead, … - 2020
at the party level is inversely correlated with uncertainty-based measures of electoral competition, suggesting that … movements in long run ENP closer to 2 are an indicator of more rather than less electoral competition. …
Persistent link: https://www.econbiz.de/10012238434
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Exchange competition, entry, and welfare
Cespa, Giovanni; Vives, Xavier - 2018
competition model with entry in which exchanges supply technological services, and have market power. We find that technological … services can be strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior …
Persistent link: https://www.econbiz.de/10011954459