Showing 1 - 10 of 103
the manoptimal stable mechanism in infinite markets and an infinite-market version of Nguyen and Vohra's existence result … existence of Walrasian equilibria extends to in_nite markets. In a dynamic matching setting, we prove that Pereyra's existence … result for dynamic two-sided matching markets extends to a doubly infinite time horizon. Finally, beyond existence and …
Persistent link: https://www.econbiz.de/10012065010
equity markets, and largely subsumes the predictive ability of a broad set of firm characteristics previously shown to be …
Persistent link: https://www.econbiz.de/10011931329
Persistent link: https://www.econbiz.de/10011541475
Persistent link: https://www.econbiz.de/10012514532
The paper studies competition for the market in a setting where incumbents (and, to a lesser extent, neighboring …
Persistent link: https://www.econbiz.de/10012414922
It has been suggested that mergers, by increasing concentration, raise incentives to invest and hence are pro-competitive. To study the effects of mergers, we rewrite a game with simultaneous price and cost-reducing investment choices as one where firms only choose prices, and make use of...
Persistent link: https://www.econbiz.de/10011798644
leverage and product-market competition as predictors of financial distress hazard; and lack of attention to frailty as a … a managerial effort problem, mitigated by leverage and product-market competition as substitute disciplining devices … effect of leverage on financial distress hazard is inverted-U-shaped; (ii) the effect of the competition is U-shaped; and …
Persistent link: https://www.econbiz.de/10014533532
Persistent link: https://www.econbiz.de/10000884242
Persistent link: https://www.econbiz.de/10000887244
Persistent link: https://www.econbiz.de/10000879235