How does demand uncertainty affect entry into skill-based competition? I investigate this question in a market entry …

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 …

Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … loans and increases bank profitability. These findings suggest that competition increases stability as it improves bank … interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …