| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5060457 | Economics Letters | 2011 | 4 Pages |
Abstract
âºUncertainty has an ambiguous effect on entry when managerial firms compete under asymmetric information. âºGreater uncertainty spurs entry because sales profits are convex in prices. âºHowever, greater uncertainty stifles profits because it spurs managers' rents, whereby reducing entry.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Salvatore Piccolo,