Jain, N. (2009). Lender learning and entry under demand uncertainty. Economics Bulletin, 29(1), pp. 100-107.
Abstract
This paper examines the effect of demand uncertainty on the properties of the first period contract between a lender and the incumbent, when there is a threat of entry. The main findings are that unlike the cost uncertainty case, entry has no effect on the incumbent's incentives and it leads the lender to learn less.
Publication Type: | Article |
---|---|
Additional Information: | Published in Economics Bulletin 2009 |
Subjects: | H Social Sciences > HB Economic Theory |
Departments: | School of Policy & Global Affairs > Economics |
![]()
|
PDF
- Published Version
Download (167kB) | Preview |
Export
Downloads
Downloads per month over past year