which incorporates some features of a monopoly, thus changing the pattern of price competition between the firms. In … to a further increase in prices. In addition, more specialized targeting may raise price competition, so firms may find …

differ in the currency the price competition is run under. Our experimental results show a positive, persistent and monotone …

deviations in market structure from global competition, implicitly assumed in Dosi et al. (2017b). This extension makes it … possible to disentangle the effects of two modes of competition: the global competition for sales and the localised competition … intensive local competition. Our model also contests the conventional wisdom derived from a general equilibrium setting that …

competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process … outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if … competition is affected by the number of technology followers. However, the presence of more technology leaders decreases …

The common aim of legislation in the field of competition and consumer protection is to ensure the consumers … of market concentration – which indicates a low competition level, leads to a decrease in the level of consumer …

implementation of the USRR: the Competition-Induced-Incentive Effect and the Most-Favored-Nation Effect. I then empirically evaluate …