products’ attractiveness and endogenous competition. The model is motivated by two novel stylized facts using Danish … feature the toughest competition. Depending on the strength of competition, two sorting patterns are possible: one in which … quantifying our model, we find that product-specific differences in attractiveness and competition explain a quarter of the …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …

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

) strategic interactions appear to emerge from tax competition rather than yardstick competition, with capital controls and fiscal … the political agency (yardstick competition) does not necessarily engender a "race to the bottom". …

The concept of electoral competition plays a central role in many subfields of political science, but no consensus …

competition. The model predicts that in the short run the least efficient firms in the industry become inactive, surviving firms … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro … confirmed in an empirical study of the German clothing industry. -- international trade ; firm heterogeneity ; productivity …

of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …

competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially …When managers have objectives beyond maximizing monetary profits, inefficiencies may arise. An increase in competition … may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has …