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Université de Fribourg

The Causal Effects of Competition on Innovation : Experimental Evidence

Aghion, Philippe ; Bechtold, Stefan ; Cassar, Lea ; Herz, Holger

In: The Journal of Law, Economics, and Organization, 2018, vol. 34, no. 2, p. 162-195

We design two laboratory experiments to analyze the causal effects of competition on step-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by the ex post rents for firms that operate at the same technological level, i.e. for neck-and-neck firms. First, we find that increased competition leads to a significant...

Università della Svizzera italiana

Consumer empowerment in the digital economy : availing sustainable purchasing decisions

Gazzola, Patrizia ; Colombo, Gianluca ; Pezzetti, Roberta ; Nicolescu, Luminita

In: Sustainability, 2017, vol. 9, no. 5, p. 693

The advent of the digital economy and, implicitly, of competition in the online marketplace has triggered new challenges in terms of consumer protection approaches. Online, consumer skills are expected to be improved and the level of consumer awareness and engagement increased. These are the baseline prerequisites of the sustainable purchasing decision and, thus, should be considered as pillars...

Consortium of Swiss Academic Libraries

Communication & competition

Goeree, Jacob ; Zhang, Jingjing

In: Experimental Economics, 2014, vol. 17, no. 3, p. 421-438