How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry … experiment with skill-based payoffs by systematically varying two key elements of the market environment: demand risk and … expected market size. Results show that people's reactions to demand risk depend on the market size: in small markets people …

economic welfare. In this paper, we argue that previous economic research on R&D has overlooked an important difference between … products. This overlap between input supply and output demand has non-standard effects on innovative returns over time and …-related innovations"--National Bureau of Economic Research web site …

, there is little research on its impact among competitive retailers. In this paper, we study the effects of demand …While the existing literature has studied the impact of demand uncertainty extensively within various monopoly settings … expected profits in response to demand uncertainty reduction. We find that as one retailer’s demand uncertainty decreases, it …