buy, as a competitive tool in a quality-price setting. We consider an incumbent’s entry-deterrence strategies using … entrant (i.e., prevent entry without extra effort), deter the entrant (i.e., prevent entry with extra effort), or accommodate … the entrant (i.e., allow the entry to take place). We identify conditions under which the incumbent may actually over …

runs, and face a threat of entry. Higher competition increases deposit rates and bank fragility, resulting in an … is to deter entry of competitors, which increases bank charter value. Banks can be excessively opaque, motivating …

, which can be of three types: accommodation, predation with no future entry, and predation with hit-and-run entry. We use the …

The purpose of this paper is to study the effects of entry into the market for a single commodity in which both sellers …’ payoffs may increase. The conditions under which entry by new sellers raises the equilibrium payoffs of existing sellers are … sellers, and encompass entirely standard economic environments. Similar results are derived relating to the entry of …