This paper examines the interaction between venture risk, product market competition and entrepreneurs' choice between … bank financing is optimal if and only if venture risk is below that threshold. Product market competition increases the … of competition, including Hotelling, Salop, Dixit-Stiglitz, Cournot-to-Bertrand switch …

economic issues of competition on dominant platforms, using Amazon as a case study. The paper examines the role of dominant … recommendations to adapt competition law to the challenges of the digital economy …

Empirical evidence suggests that top players often play together in one team. Based on the "O-ring theory" (Kremer 1993 …

Using a large panel data set of German manufacturing establishments, this paper investigates the impact of competition … on training incidence as well as on the number of trained workers. According to theory, one would expect a negative … relationship between product market competition and firms' incentives to invest in employees' general skills (Gersbach and …

This paper examines how the degree of competition among firms in an industry affects the optimal incentives that firms … changes in the nature of competition lead to changes in the equilibrium market structure. The main result is that as the … intensity of product market competition increases, principals unambiguously provide stronger incentives to their agents to …

In theory, partial cross-ownership affects product prices and consumer welfare negatively, but empirical evidence is … highly controversial. For competition policy it is important whether such effects are substantial enough to cause action. We …