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strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on …
Persistent link: https://www.econbiz.de/10001736217
Persistent link: https://www.econbiz.de/10001645854
strategies (most likely with digital products) and quantity competition (capacity decisions for physical products). Based on …
Persistent link: https://www.econbiz.de/10010509336
competition. We find that leverage has strategic effects, but those effects are much weaker than predicted by theory. Specifically … effects on product market competition. We test their model in a duopoly experiment under both, Bertrand and Cournot …, we find for price competition a general tendency towards collusion, which has the same overall consequences - but …
Persistent link: https://www.econbiz.de/10011539878
violated. It is shown that more competition makes the equilibrium signaling more informative when the level of competition is … moderate. Moreover, the equilibrium signaling can perfectly reveal the ability under a certain level of competition. On the … other hand, too much competition always makes the equilibrium signaling less informative. -- Signalling ; Competition …
Persistent link: https://www.econbiz.de/10008747614
In a noteworthy recent paper, Mitts (2020) presents empirical evidence that published attacks on publicly-traded companies by certain presumed short-sellers generate “V”-shaped pricing patterns, whereby targeted companies’ stock prices fall precipitously when a negative report is...
Persistent link: https://www.econbiz.de/10013297226
bidders' costs generally depends on the type and fierceness of the market competition, the specific auction format, and the …
Persistent link: https://www.econbiz.de/10014196760
smaller CRAs and new incumbents are the increase of market share as well as reputation. Therefore, the market competition …
Persistent link: https://www.econbiz.de/10009672312
We propose a unified framework bridging the gap between team and competition issues, in order to reconsider the social … the competition motive may lead to a negative social value of private information and reverse the perfect information …
Persistent link: https://www.econbiz.de/10012932537
This paper provides a general study of a contest modeled as a multiplayer incomplete-information, all-pay auction with sequential entry. The contest consists of multiple periods. Players arrive and exert efforts sequentially to compete for a prize. They observe the efforts made by their earlier...
Persistent link: https://www.econbiz.de/10014576711