We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of …

-Nash equilibria in a duopoly. Comparing equilibrium prices to the prices set by a multiproduct monopolist, we show that competition … drives prices up and may lead to price dispersion. Competition reduces total surplus in the short run but provides higher …

Empirical studies have uncovered an inverted-U relationship between product-market competition and innovation. This is … inconsistent with the original Schumpeterian Model, where greater competition reduces the profitability of innovation. We show that … the model can predict the inverted-U if the innovators' talent is heterogenous, and privately observable. With competition …

We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

Using data from the U.S. automobile market, we empirically examine the link between competition and innovation … this an interesting market to examine the link between competition and innovation. We use firm-level time-series data over …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the U.S. market …

&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement … - but also with more competitive procurement: trust and rents from reduced supplier competition in the procurement process …

competition by commercial firms with OSS projects. Optimal pricing policies again vary: in some cases the commercial firm will set …

competition by commercial firms with OSS projects. Optimal pricing policies again vary: in some cases the commercial firm will set …