provision or cheap talk, and competition inherent to social media may incentivize participants to either process better …, we find evidence that social media can be informative about future stock returns but that competition distorts opinions … rather than encouraging participants to process better information. In particular, competition induces exaggerated negative …

We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a … unbiased estimates of the competition effects from entry. We apply our approach to seven different local service sectors. We …

competition in an export market induces a firm to skew its export sales towards its best performing products. We find very strong …

This paper examines the role of competition in productivity perfromance in Britain over the period from the late …-nineteenth to the early twenty-first century. A detailed review of the evidence suggests that the weakness of competition from the … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in …

enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …

have some endogenous buyer power from the horizontal competition of manufacturers. Our contribution allows to recover price … that the buyer power of supermarket chains is endogenous to the structure of manufacturers competition. …

transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the …

positive impact on the quality of the service provided. We also assess the impact of competition from an alternative form of … technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …