This dissertation consists of two essays. The first essay is a study of strategic firm competition in a differentiated … product environment. We develop a tractable spatial model of oligopolistic competition in which firms endogenously determine … ensures positive gross profits, competition for market share results in socially excessive product lines and zero net profits …

This paper analyzes the potential of one-step transfer prices based on either variable or full costs for coordinating … decentralized production and quality-improving investment decisions. Transfer prices based on variable costs fail to induce … investments on the upstream stage. In contrast, transfer prices based on full costs provide strong investment incentives for the …

This covers the market structure of Monopolistic Competition. It presents the characteristics of this market structure … by contrasting them to those of Perfect Competition and Monopoly. It explains why these characterisics are important and … Equilibrium properties of Monopolistic Competition are contrasted with those of Perfect Competition. …

This paper provides theory and evidence examining the importance of information transfers in international trade … in bilateral communication costs, information intensities across traded goods and market potentials across foreign …

technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms … invest in cost reducing R&D and subsequently compete in the market. Governments subsidize exports under Cournot competition …. Under Bertrand competition, export subsidies are positive whenever R&D is sufficiently cost-effective at reducing marginal …

This paper examines the nature of competition in the Spanish banking industry during the years before and after Spain … joined the European Monetary Union (EMU). The paper models competition in a product-differentiated market where banks choose … has been a convergence in the levels of price competition in the loans and deposits markets during the post Euro period …

hand,because it leads to an increase in prices as a result of a reduction in the competition intensity, it decreases the …