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We propose a model of charity competition in which informed giving alone can explain quality heterogeneity across similar charities. It is this heterogeneity that also creates the demand for information. In equilibrium, too few donors pay to be informed; but interestingly, informed giving may...
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that combines aspects of non-cooperative R&D with the theory of differentiated oligopolies: In stage one, firms develop …
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In this paper, we develop a general multitiered supply chain network equilibrium model consisting of competing suppliers and competing firms who purchase components for the assembly of their final branded products and, if capacity permits, and it enhances profits, produce their own components....
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