This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity distribution of all potential opponents reduces competition failures by more than 50%, (2) information on the …

By placing store-level price data into bivariate Structural VAR models of inflation and relative price asymmetry, this … study evaluates the quantitative importance of idiosyncratic pricing shocks in short-run aggregate price change dynamics …. Robustly to alternative definitions of the relative price, identification schemes dictated by two-sided (S,s) pricing theory …