the intensity of competition between potential buyers influence it. Empirical analysis of licensing contracts signed …

This paper investigates the degree of competition in the WAEMU financial industry over the period 2002-2007 using firm … to assess the level of competition. The results show that the prevailing market structure in the WAEMU financial industry … is concentrated and financial intermediaries operate under imperfect competition. Although competition was fierce during …

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. …

According to a recent literature, the positive effect of competition is supposed to be growing with the proximity to … the technological frontier. Using a variety of indicators, the paper tests the effect of competition and regulation on … 1979-2003. Results show no evidence of a positive effect of competition growing with the proximity to the frontier. Two …

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 …