Decomposing the Congestion Effect and the Inference Effect of Competition: A Field Experiment
Are firms more or less likely to enter a market if they observe that competitors have entered? This most basic question has received contradictory empirical answers. The normative recommendation to firms that make entry decisions is therefore ambiguous. We reconcile this controversy by introducin...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | en_US |
| Published: |
Cambridge, MA; Alfred P. Sloan School of Management, Massachusetts Institute of Technology
2011
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/65364 |