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This paper examines the effect of competition on the irreversible investment decisions under uncertainty as a …
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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 …
Persistent link: https://www.econbiz.de/10003892459
Media markets recently have been identified as multisided markets. The application of the theory of multisided markets … perspectives especially for the antitrust authorities when evaluating competition constraints and mergers. This paper reviews the … theory of multisided markets and subsequently applies it to media markets. Finally the paper draws attention to the new …
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This article analyzes competition between two asymmetric networks, an incumbent and a new entrant. Networks compete in …
Persistent link: https://www.econbiz.de/10008824512
ignorance if telephone numbers no longer identify networks. As a result, while fostering competition for mobile customers, MNP … competition …
Persistent link: https://www.econbiz.de/10001744786
This paper develops a theory of strategic vertical DFI (direct foreign investment) to suggest an explanation for the …-haven effects based on environmental compliance costs might be complicated by such strategic behaviour. The theory provides … particular implications for the empirical research in this area and some broader implications for the theory of DFI. …
Persistent link: https://www.econbiz.de/10011597047