This paper investigates the incentives of experts competing to influence decision making. Competition for influence is … intermediate or high. Favoritism, consisting in biasing the competition for influence in favour of one expert, can further increase …

We investigate the effects of competition in the banking sector on the creation of firms in the non-financial sector … find evidence of a bellshaped relationship between bank competition and firm creation. In addition, consistent with models … finding that competition may reduce the availability of credit to informationally opaque firms, we find that bank competition …

The paper assesses the effects of increasing competition in the service sector in Italy which, based on cross … rest of the euro area) dynamic general equilibrium model allowing for monopolistic competition in the labor, manufacturing … competition in the Italian services sector. Our results indicate that reducing the service sector markups to the levels of the …