allocate his resources so as to direct his competition towards particular rivals -- we call such competition selective. The … setting can be applied to a wide variety of cases: competition between firms, competition between political parties, warfare …

with the presence of two sources of competition: imperfect substitutability across products and imitations within products …

We develop a theoretical model to analyse the e ect of competition on the conflict of interest arising from the issuer … inflate ratings under competition, resulting in lower expected welfare. These results do not depend on the presence of ratings … suggest that ongoing regulatory initiatives aimed at increasing competition in the ratings industry may reduce overall welfare …

This paper investigates the impact of technical progress on the relationship between competition an investment. Using a … model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I … competition that maximizes investment of the industry. This feature holds also for consumer surplus and Welfare. In the model …

innovation and existing product competition using the geography of Chinese internet penetration and Chinese import data ….S. firms at a high rate, consistent with increased intellectual property competition. Overall, Chinese competition in …

reversion in laggards' performance. When policy uncertainty is high, technological competition intensifies even as the overall …

delay. However, only the top gatekeeper artificially delays matches to increase competition, a prediction that matches …

This paper analyzes the effect of competition in a dynamic contest in which agents of two types (A and B) differ in …{k}{n} determines the proportion of winning agents in each group. This ratio also describes the strength of competition in the group …: the lower \frac{k}{n} is, the higher the level of competition is. Our results show that type A eventually dominates the …