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becomes convoluted with information and payoff spillovers. The threat of competition pushes firms to enter earlier to preempt … elusive link between static market competition and dynamic entry competition. …
Persistent link: https://www.econbiz.de/10012503468
model features both private learning about the market condition and market competition, which give rise to the first …
Persistent link: https://www.econbiz.de/10011921916
becomes convoluted with information and payoff spillovers. The threat of competition pushes firms to enter earlier to preempt … elusive link between static market competition and dynamic entry competition …
Persistent link: https://www.econbiz.de/10013230912
In dynamic promotion contests, where performance measurement is noisy and ordinal, selection can be improved by biasing later stages in favor of early leaders. Even in the worst-case scenario, where noise swamps ability differences in determining relative performance, optimal bias is i) strictly...
Persistent link: https://www.econbiz.de/10013362244
This paper explores the relationship between the intensity of competition in product markets and firms' incentives to … us to differentiate between several measures for the intensity of competition. We establish that more firms in the … industry (i.e., lower entry costs) reduce the crime rate. Furthermore, whether more intense competition due to the increased …
Persistent link: https://www.econbiz.de/10010486053
This paper explores the relationship between the intensity of competition in product markets and firms' incentives to …, allowing us to differentiate between several measures for the intensity of competition. We establish that more firms in the … industry (i.e., lower entry costs) reduce the crime rate. Furthermore, whether more intense competition due to the increased …
Persistent link: https://www.econbiz.de/10010187154
We offer a model of experimentation and learning with uncertain outcomes, and show that competition leads to less …
Persistent link: https://www.econbiz.de/10012894249
Tacit coordination in large groups is studied in an iterated market entry game with complete information and multiple market capacities that are varied randomly from period to period. On each period, each player must decide independently whether to enter any of the markets, and if entering,...
Persistent link: https://www.econbiz.de/10014037618
the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment …
Persistent link: https://www.econbiz.de/10011301237
competition within the game’s product niche. We identify game niches by genre, age-appropriateness, a four week window cohort … during periods of fierce intra-niche competition. We show that games are more likely to be released so as to avoid weeks when …
Persistent link: https://www.econbiz.de/10010229641