Money as a weapon: Financing a winner-take-all competition
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DOI: 10.1016/j.jcorpfin.2020.101783
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More about this item
Keywords
All-pay auction; Capital structure; Financial constraint; Winner-take-all market;All these keywords.
JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
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