model features both private learning about the market condition and market competition, which give rise to the first …

becomes convoluted with information and payoff spillovers. The threat of competition pushes firms to enter earlier to preempt … elusive link between static market competition and dynamic entry competition. …

Bertrand competition, if the firms have sufficiently flat information acquisition cost functions. For steeper cost functions …

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. …

How do financial constraints influence innovative activities of firms? In a two-period model of price competition with … and might even become a monopolist in the second period of competition. If we finally assume that both firms are …

oligopolistischen Wettbewerb zu betreiben. Im Bayesianischen Gleichgewicht resultieren eindeutige Gleichgewichtsstrategien. Diese sind … strategy for each firm. It is determined by the nature of competition (price or quantity) and by the basic characteristics of …

Markteintritt. …