Siniora Food Industries of Palestine was facing a strategic dilemma. They had sold packaged meats for over 100 years in a challenging and risky environment. Siniora had carved a path of growth, expansion, and development, showcasing the power of endurance. Initially sold by local shopkeepers,...

In modern information markets, buyers routinely combine signals from multiple sellers. We develop a model of ``portfolio competition'' to analyze this distinctive feature. We show that the combinability of information overturns standard oligopoly intuition. Unlike traditional markets,...

Over the last century, the passenger airline industry has undergone a series of transformations, with Lufthansa being a key player not only in Europe, but also worldwide. This case study traces Lufthansa's development, from its origins up until its current status, and outlines its expansion by...

This paper examines firms’ market entry strategies for quality-differentiated goods, focusing on both initial and subsequent product-level entry decisions. Using a theoretical framework incorporating nonhomothetic preferences, we show that premium products are more likely to enter wealthier...

This paper studies how commission rates affect app entry across platforms. We examine an increase in Android game commission rate from 30% to 50% in China in 2014 and its impact on Android and iOS app stores, separately, in a difference-in-differences framework. We find a direct negative entry...

Firms often choose with whom to compete and how similar or how different their products should be relative to those of their rivals. This paper investigates this issue in the app economy by studying the determinants of mobile app success. We leverage natural language processing and unsupervised...

We examine the incentives and implications of supplier encroachment, when final good produc-tion requires the use of multiple complementary inputs and the entry of a supplier into the final good market gives rise to mutual outsourcing of inputs between the encroaching supplier and the incumbent....

We study the economic consequences of anti-loss trafficking rules, which disallow the use of loss carry-forwards as tax shield after a substantial ownership change. Using staggered changes to these rules, we find that limiting the transfer of tax losses reduces the number of M&As with...

Siniora Food Industries of Palestine was facing a strategic dilemma. They had sold packaged meats for over 100 years in a challenging and risky environment. Siniora had carved a path of growth, expansion, and development, showcasing the power of endurance. Initially sold by local shopkeepers,...

This study investigates the decision criteria that entrepreneurs apply when choosing growth modes to internationalize their business. Specifically, we examine how market characteristics and experience impact the selection of organic, acquisitive, or collaborative growth strategies. Data on 1,080...

This guide will introduce you to the agri-food sector in Canada and how to leverage the EU-Canada Comprehensive Economic and Trade Agreement (CETA). It provides an overview of the size of the Canadian agri-food market, the distribution structure, key players and trends, along with opportunities...

The fashion, textiles and footwear (FTF) industry is a consumer-focused industry, subject to constant change. It covers diverse economic activities, ranging from the transformation of natural or synthetic fibres to the production of manufactured products. The FTF sector covers apparel (clothing...

This guide will introduce you to the agri-food sector in Canada and how to leverage the EU-Canada Comprehensive Economic and Trade Agreement (CETA). It provides an overview of the size of the Canadian agri-food market, the distribution structure, key players and trends, along with opportunities...

The fashion, textiles and footwear (FTF) industry is a consumer-focused industry, subject to constant change. It covers diverse economic activities, ranging from the transformation of natural or synthetic fibres to the production of manufactured products. The FTF sector covers apparel (clothing...

We show that adverse selection is a key determinant of banking market structure. Using data on US bank branches over 1981-2016, we study banks' decisions to expand or contract geographically. First, banks are more likely to expand in counties that are similar, in terms of industry shares, to...

We revisit the classic chain-store paradox by introducing a novel element: the arrival of exogenous, public signals about the incumbent's private type over time. As the horizon lengthens, two opposing forces come into play. On one hand, standard reputational incentives grow stronger; on the...

Many countries seek to promote exports by subsidizing market access, but evidence on such efforts has been mixed. We present the first randomized evaluation of a government financial-support program explicitly targeting exports, the Tasdir+ program in Tunisia. The program offered matching grants...