Showing 1 - 10 of 10,633
Persistent link: https://www.econbiz.de/10009302085
Persistent link: https://www.econbiz.de/10011493946
Persistent link: https://www.econbiz.de/10009670367
informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …
Persistent link: https://www.econbiz.de/10010358241
their privately observed soft information is positive or negative. Competition affects the investment in learning the …
Persistent link: https://www.econbiz.de/10010225815
Persistent link: https://www.econbiz.de/10011553079
Persistent link: https://www.econbiz.de/10010464945
Persistent link: https://www.econbiz.de/10012799466
We investigate a market in which experts have a moral hazard problem because they need to invest in costly but unobservable effort to identify consumer problems. Experts have either high or low qualification and can invest either high or low effort in their diagnosis. High skilled experts are...
Persistent link: https://www.econbiz.de/10011687778
Persistent link: https://www.econbiz.de/10011813355