loss that arises from more intense market competition: the low-cost firms' profits may indeed increase with the number of …

This paper analyzes how competition works in mobile telecommuncations markets and, bases on this analysis, we discuss … understanding competition in mobile telephony, is the fact that building a mobile telephone network requires highly specific … interconnection and fixed-to-mobile termination may give rise to competition problems. As we argue in this paper, closer analysis …

A series of experiments compares bargaining behavior under three different settings: no arbitration, conventional and … final offer arbitration. Under no arbitration disputes with zero payoffs were around 10%, while the pie was equally split in … less than half of the cases. Under conventional arbitration - where the arbitrator is free in choosing his award - every …

the tools of game theory to analyse how different institutional settings can provide specific strategic incentives and …

, which introduces the decision to patent into a setting with horizontally differentiated products we deduce several … hypotheses and test these empirically. We find that the propensity to patent increases when market entry costs decrease …. Furthermore, if the disclosure requirement linked to a patent has an impact, the propensity to patent decreases with the strength …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower … quality banks; and that precisely for those lower quality banks competition typically compromises the effectiveness of capital …

competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …

This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … failure, where competition failure occurs when a subject loses the competition because the opponent holds a higher …