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observed by the incumbent and some fraction of informed consumers. This leads to price signalling rivalry between the … outcome. -- Quality uncertainty ; Signalling ; Oligopoly …
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How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry … important implications for market design and regulation. …
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We study a model where capacity installation by an incumbent firm serves to deter others from entering the industry. We argue that uncertainty about demand or costs forces the incumbent to choose a higher capacity level than it would under certainty. This higher level diminishes the...
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We employ a two-stage, n-firm differentiated products framework to examine the effect of competition for investors … in Cournot or Bertrand competition to sell partnership units in their funds. Our results help explain the fundraising …
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