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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 … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …
Persistent link: https://www.econbiz.de/10010282257
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 … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …
Persistent link: https://www.econbiz.de/10009534049
In this paper, we analyze the interaction between an incumbent firm's financial contract with abank and its product market decisions in the face of the threat of entry, in a dynamic model.The main results of the paper are: there exists a separating equilibrium with no limit pricing; thelow-cost...
Persistent link: https://www.econbiz.de/10010324775
This paper studies the relationship between transparency on the consumer side and productivity of firms. We show that more transparent markets are characterized by higher average productivity as firms with low productivity abstain from entering these markets. -- Market Transparency ; Firm...
Persistent link: https://www.econbiz.de/10009380266
In this paper, we analyze the interaction between an incumbent firm's financial contract with abank and its product market decisions in the face of the threat of entry, in a dynamic model.The main results of the paper are: there exists a separating equilibrium with no limit pricing; thelow-cost...
Persistent link: https://www.econbiz.de/10011316901
Persistent link: https://www.econbiz.de/10003350418
Persistent link: https://www.econbiz.de/10002493304
Persistent link: https://www.econbiz.de/10001594962
Persistent link: https://www.econbiz.de/10001465939
Persistent link: https://www.econbiz.de/10012243577