Women remain underrepresented at the upper echelons. An aversion to competition has been suggested as a factor that …

an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An … increase in the intensity of competition is modeled as an increase in the number of Þrms or as a switch from Cournot to … Bertrand. The theoretical prediction is that more intense competition is unfavorable to investments for both cases. In the …

The paper analyzes the effects of more intense competition on firms’ incentives to invest in process innovations. We … carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As …&D investment ; intensity of competition ; experiment …