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Neelam Jain
''Lender learning and entry under demand uncertainty''
( 2009, Vol. 29 No.1 )
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.
JEL: D8 - Information, Knowledge, and Uncertainty: General
D4 - Market Structure and Pricing: General
Manuscript Received : Dec 12 2008 Manuscript Accepted : Feb 15 2009

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