products’ attractiveness and endogenous competition. The model is motivated by two novel stylized facts using Danish … feature the toughest competition. Depending on the strength of competition, two sorting patterns are possible: one in which … quantifying our model, we find that product-specific differences in attractiveness and competition explain a quarter of the …

The article is a contribution to the evolving field of competition research. More precisely our paper provides a …

production and consumption. Responsibility is related to ability and ability depends on welfare. An increase in competition … ability, to acknowledge social values. Therefore, an increase in competition on consumer markets shifts the balance in … in competition on investor markets will shift the balance in an opposite direction. …

is Pareto improving over competition. We argue that this literature fails to capture the essence of the Western …, multidimensional heuristic activity. Using a more suitable model of R&D, we reexamine the competition versus cooperation debate. We … derive conditions under which competition dominates cooperation and vice versa. We submit that our approach and results …