We assess empirically the effects of the winner’s curse which, in common-value auctions, counsels more conservative bidding as the number of competitors increases. First, we construct an econometric model of an auction in which bidders’ preferences have both commonand private-value components, and propose a new monotone quantile approach which facilitates estimation of this model. Second, we es...

optimum management of intra- and interspecific competitions are key subject in most agroecosystems. the objective of this experiment was the study effect of intra- and interspecific competitions and n rates on yield and yield components of wheat which was carried out in agricultural faculty of shahid chamran university of ahvaz during 2011-2012. the experimental design was split–plot based on r...

Increasing competition is one of the characteristics for the market environment in the last few decades. As competition intensifies, decision making and policy making become more complicated for survival or victory in the market, and managers are noticing that short-term plans and incoherent efforts is not enough to solve complex organizational issues. Nowadays, the organizational space, workin...

The biased-competition theory of attention proposes that objects compete for cortical representation in a mutually inhibitory network; competition is biased in favor of the attended item. Here we test two predictions derived from the biased-competition theory. First we assessed whether increasing an object's relative brightness (luminance contrast) biased competition in favor of (i.e., prioriti...

Models of endogenous growth have not been able to account for the variety of empirically observed distributional properties of the returns to innovation, in part, because of the limitations necessarily imposed on competition to cope with increasing returns to scale. Exponential growth, fat tails, Pareto–Levy distributed upper tails, and upper value outliers, are associated with increasing retur...