This paper shows that bank competition has an intrinsically ambiguous effect on capital accumulation and economic … evidence gathered from recent empirical studies of how bank competition affects the real economy. Our results were obtained by … prospective entrepreneur is of low credit quality and where screening would therefore be especially beneficial, less competition …

This paper examines the relationship between competition and price discrimination in the market for mailing lists. More … level of competition in the market.The dataset includes information about all consumer response lists derived from mail … create measures of competition for each list. We then use these measures to predict whether given lists utilize …

driven lower by competition. Thus, a bank facing an entry threat is more likely to invest in screening instead of relying on …

make important contributions to the study of price competition models. In this tutorial, we review these contributions, and … partition them into five broad areas. Most of the tutorial is devoted to the last and most recent category: price competition …

competition in which variable markups increasing in firm size are a key source of misallocation across firms and countries. We use …

In this study, we examine the nature of Schumpeterian competition between entrants and incumbents. We argue that … together, we develop a framework of four distinct potential scenarios of Schumpeterian competition. In particular, we emphasize …

competition. The analysis is based on a model of market entry and shows that to prevent entry incumbent firms engage in risk … nature of competition in industries …