depends on the type of competition (Bertrand or Cournot) in the sale stage. If the product market is characterized by Bertrand … competition (price setting), then lower qualities will be chosen under sequential quality choice than under simultaneous quality … choice. Although qualities may be strategic complements or substitutes, depending on the type of product market competition …

We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank …

Understanding the effects of competition among Internet service providers on the availability and quality of broadband … allows me to identify the effects of competition while accounting for strategic behavior as well as to identify the fixed … the degree of competition and the size of entry costs. I find (1) holding costs constant, providers would slightly …