consumer welfare. The model consists of an investment stage with uncertain returns and subsequent quantity competition. The …

players. At stage two, both players observe the given level of risk and simultaneously invest in a winner-take-all competition …

We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public … to the steady state. While fiercer competition (lower transportation costs or less sluggish demand) leads to higher … quality in both solutions, the quality response to increased competition is weaker when players use feedback strategies. …

as suggested in consumer research. On this basis, we investigate monopoly and competition between firms, described via an …

This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in … competition leads to a decrease in trustworthiness, especially among partners. We argue that once competition comes into play …

or market structure. We address the question how competition among suppliers of finance interacts with trust and … trustworthiness in a laboratory one-shot trust game. In order to disentangle pure effects of competition and effects of competition … show that competition has no significant effects on trust and trustworthiness of individuals in a strangers’ framework …

violated. It is shown that more competition makes the equilibrium signaling more informative when the level of competition is … moderate. Moreover, the equilibrium signaling can perfectly reveal the ability under a certain level of competition. On the … other hand, too much competition always makes the equilibrium signaling less informative. …

"spatial value number" reveals the incompatibility of rationality and aesthetics: the individual urban experience cannot be …