to explain why the Paris Bourse was able to be so successful in spite of the supposedly inefficient monopoly and …

model, monopoly, pricing, size / cover / limits of the market) ? …

Revisiting Rothbardian monopoly price theory and extending it to the realm of factor pricing, this paper explains how … environment. Monopolistic grants to capitalists make for situations where both monopoly of demand for factors and monopoly of …

Competition is an efficient alternative to regulation for the power transmission network only for peculiar investments … quite efficient transmission market. To reach these conclusions about competition to develop the power transmission network … thanks to the same criteria, to confront eventually the theory and the practice of competition to develop the power …

impact of these two changes on the competition between the exchanges in terms of securities listed, traded volumes and … spreads. We conclude competition among exchanges is a delicate matter and efficiency is not always where one would think. …

interval of values of the spillover parameter such that the relationship between competition and growth is an inverted-U-shape. …

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. …

This paper shows that dominant firms may wish to encourage competition in vertically-related markets. It shows that …

number of agents because competition reduces the agents' informational monopoly power. However, this environment also … tendency to choose more 'generous' (and more efficient) contract menus over time. We find that competition leads to a … substantially higher probability of trade, and that, overall, competition between agents generates the most efficient outcomes. …

secondary market where independent remanufacturers enter the competition. An environmental regulation imposing a minimum level … regulation. However, if an environmental regulation is to be implemented, collusion should be repressed since competition …