This paper sheds light on a recent empirical controversy about the effect of competition on price discrimination in … sales that is more skewed towards low prices. We show that whether competition has a positive or a negative effect on the …

We develop a method to measure the intensity of competition between firms. Our method, which we call the Best Response …

allocate his resources so as to direct his competition towards particular rivals -- we call such competition selective. The … setting can be applied to a wide variety of cases: competition between firms, competition between political parties, warfare …

increase with the intensity of competition. We develop a new measure of competition for which we use the proximity (in … departure time) of a given flight to its competitors to infer the intensity of competition and estimate the impact of … competition on advance purchase discounts (APDs) and the dynamic pricing of airlines by exploiting plausibly exogenous changes in …

in process R&D. Under Cournot competition firms always invest more in R&D than under Bertrand competition. More … importantly, Cournot competition yields lower prices than Bertrand competition when the R&D production process is efficient, when … competition exceeds that under Bertrand competition is even larger as competition over quantities always yields the largest …