In This Paper, We Show That, in Debt Contract Relationships, the Choice of a Lender May Become a Determinant of the Extent of Competition in Downstream Industries. in the Presence of Imperfect Output Markets and Asymmetric Information in Financial Markets Members of an Industry May Achieve a...

We Present a Model of an Entry Game in Which Both Financial and Output Markets Are Characterized by the Presence of Asymmetric Information. We Argue That a Firm's Financial Policy May Serve As a Common Signal in Both Markets. a Monopoly Is Threatened by Entry. the Profitability of Entry to the...