other firms do not. This paper analyzes the impact of competition on the delegation decision and, in turn, the impact of … delegation on prices and incentives. The theory builds on the simplest framework of competition in two dimensions: prices and … (sales agents') effort. Specifically, we are interested in answering the following questions: (1) Does competition affect the …

approaches to consumer choice and demand as well as examples where the goal is to study the nature of competition in the …

instead of harming it. Barriers that promote new competition or are applied in order to protect consumer welfare are socially … useful, while barriers that restrict competition and limit new competitor entry, in cases other than natural monopolies, are …

competition. The implication is that it may be beneficial to define additional incentives near the end of the career to motivate …

payment schemes are endogenously chosen by agents. We show that the choice of the competition is negatively affected by …

We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational … relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …

development of cooperation; and on the other hand, to diverge on their own interests by remaining in competition. This dynamics … generates an ago-antagonistic system where both of these two concepts, namely cooperation and competition, simultaneously drive …

settings with several different types of competition, including both upstream and downstream, as well as competition between a … bundler and single good and competition between two bundlers. Our key results are based on the “predictive value of bundling …