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文章基本信息

  • 标题:Lender learning and entry under demand uncertainty
  • 本地全文:下载
  • 作者:Neelam Jain
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2009
  • 卷号:29
  • 期号:1
  • 页码:100-107
  • 出版社:Economics Bulletin
  • 摘要: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
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