competition on R&D to the cost of innovation. The effect of competition on R&D is an inverted U-shape. However, the shape is … flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly. Intuitively …

results known in static frameworks. First, more competition pushes Neck and Neck firms to advertise more to attract a larger …

is high, a single sender never discloses. Competition restores full disclosure only if some of the senders are … symmetric equilibria approach full disclosure as competition increases. …

and outcome of the competition between a FLOSS firm and a proprietary firm. We discuss these results in the light of …

The paper focuses on the influence of upstream competition for productivity outcomes in downstream sectors. This … imperfections in the production of intermediate goods. In this context, upstream market imperfections create barriers to competition …. Thus, lack of competition in upstream markets curbs incentives to improve productivity downstream, negatively affecting …

current financial malfunctions, accordingly, would not result from free competition, but rather from insufficient competition … perfect competition prevails. But it is also strongly unrealistic, for it rejects public interventions even when markets … questioned the supposed virtues of competition and offered the most elaborated alternative as for thinking about the current …

between competition as an ideal and the feasibility of competition in the railroad sector; this distinction is implicit in … Dupuit's work, but it helps us to grasp that, in his opinion, unlimited competition is not possible in the railroads and that …

Many studies have attempted to investigate the determinants and implications of competition in the banking industry …. The literature on the measurement of competition can be divided between the structural and non-structural approaches. The … structural approach infers the degree of competition from the structure of the market. The non-structural approach, based on the …