The paper shows that several game-theoretic solution concepts provide similar comparative statics predictions over a...

We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which...

We consider a two-stage game with cost-reducing investments followed by a linear differentiated Cournot duopoly....

The paper introduces a simple framework for analyzing the environmental effects of local transportation policies,...

The paper analyzes the effects of more intense competition on firms' investments in process innovations....

The relation between the intensity of competition and R&D investmenthas received a lot of attention,...

We consider a setting in which two potential merger partners each possess private information pertaining...

Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated...

In Germany, competitive franchising is increasingly being used to procure passenger railway services that were...

This paper studies the effects of introducing competition for local passenger railway markets in the...

This paper examines the interplay of endogenous vertical integration and cost-reducing downstream investment in successive...

We consider a reduced form model with acquisitions and entry. There are two investors and...

We examine vertical backward integration in a reduced-form model of successive oligopolies. Our key findings...

This paper analyzes a model of oligopolistic competition with ongoing investment. Special cases include incremental...

We present a new approach to endogenizing technological spillovers. Firms choose continuous levels of a...

This article studies several attributes of a firm's long-run decisions about organizational structure, attributes that...

Public agencies rely on two key modes to procure goods and services: auctions and direct...

We examine a "Rotten Kid" model (Becker 1974) where a player with social preferences interacts...

Are national or multinational rms better lobbyists? This paper analyzes the extent of national environmental...

We develop a product market theory that explains why firms provide their workers with skills...

Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have...

The paper characterizes the mixed-strategy equilibria in all-pay auctions with endogenous prizes that depend positively...

We develop a product market theory that explains why firms provide their workers with skills...

To examine the impact of globalization on managerial compensation, we consider a matching model where...