The emergence of competition is a defining aspect of human nature and characterizes many important social environments …

We argue that, in a simple setting, the relation between the intensity of competition and cost-reducing investment is U … is minimal for intermediate levels of competition, which is inversely parameterized by the extent of product … ; intensity of competition ; experiment …

We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment … competition between senders does not increase the amount of information decision-makers obtain. We find evidence of under … off under competition because their relative gains from persuasion are more than offset by their expenditures in …

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 strategic situation of a two-stage game with investment preceding homogenous Bertrand competition. We obtain …

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 …