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innovation and existing product competition using the geography of Chinese internet penetration and Chinese import data ….S. firms at a high rate, consistent with increased intellectual property competition. Overall, Chinese competition in …
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institutional framework, competition within markets is mainly characterized by peaceful and conflict-free rivalry between actors … that leads to an optimal allocation of resources. In such a setting, competition may be described as a "record-type" game …. This view, however, ignores the possibility that competition itself may very well trigger conflict rather than having an …
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We show theoretically and empirically that executives are paid less for their own firm's performance and more for their rivals' performance if an industry's firms are more commonly owned by the same set of investors. Higher common ownership also leads to higher unconditional total pay. We...
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