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implications of these changes for the nature and consequences of competition in health care markets. In this paper we summarize the … industry for competition, efficiency, and public policy. As will become apparent, this area offers a number of intriguing …
Persistent link: https://www.econbiz.de/10005413015
in privatization transactions despite some showcase transactions; fifth, regulation and competition have often been …
Persistent link: https://www.econbiz.de/10005413292
We analyze the role of state-ownership in the banking sector from the perspective of competition. Considering both the … charge and/or offer relatively customer friendly interest rates? And (iii) is competition intensified by the conduct and …
Persistent link: https://www.econbiz.de/10005076864
applications were perceived as an important force to modify competition in bank markets. …
Persistent link: https://www.econbiz.de/10005076872
rather classical economic institution: competition. In a series of laboratory experiments, we reveal that the true reason for … mechanism of (inter-group) competition. …
Persistent link: https://www.econbiz.de/10005062352
The role that Bernanke’s Bad News Principle plays in the modern theory of investment under uncertainty is analyzed. The analysis shows that the actual investment dilemma is that by delaying investment firms trade off a higher present value of earnings for a lower present value of the...
Persistent link: https://www.econbiz.de/10005556573
Not all industries in post-socialist countries are appropriate targets for demonopolization and deregulation: as in the West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This paper focuses on three aspects of the design of...
Persistent link: https://www.econbiz.de/10005561393
of selection and intensity. The primary findings are: First, greater deregulation and competition has a positive effect … competition and level and policies for stranded cost recovery do affect spending. Second, the response of R&D to financial and … effective retail competition may mitigate the problem of declining electricity R&D by the utilities. …
Persistent link: https://www.econbiz.de/10005561429
Using data from the TASS/Tremont hedge fund database, this article performs an empirical analysis of the evolution of the hedge fund industry within an industrial organization framework.
Persistent link: https://www.econbiz.de/10005561436
Antimonopoly laws must contain effective provisions for the attack of exclusionary behavior by firms with market power while at the same time not attacking procompetitive behavior by entrants or incumbents. This paper suggests seven textual criteria by which a new law may be evaluated in its...
Persistent link: https://www.econbiz.de/10005561465