model features both private learning about the market condition and market competition, which give rise to the first …

This paper explores the relationship between the intensity of competition in product markets and firms' incentives to … us to differentiate between several measures for the intensity of competition. We establish that more firms in the … industry (i.e., lower entry costs) reduce the crime rate. Furthermore, whether more intense competition due to the increased …

This paper explores the relationship between the intensity of competition in product markets and firms' incentives to …, allowing us to differentiate between several measures for the intensity of competition. We establish that more firms in the … industry (i.e., lower entry costs) reduce the crime rate. Furthermore, whether more intense competition due to the increased …

becomes convoluted with information and payoff spillovers. The threat of competition pushes firms to enter earlier to preempt … elusive link between static market competition and dynamic entry competition. …