ownership and competition appear to be about equally important for the consequences of public sector outsourcing. …

In this paper, we ask under what conditions norms can enhance welfare by mitigating moral hazard in income insurance … social norms and internalized norms. We study how optimal insurance arrangements, the behavior of insured individuals, and …

information and competence of households, in combination with stiffer competition among firms, will also increase the power of …

We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …

The competitive effect of international market integration in industries with imperfect competition is of great policy …

cost inefficiencies, due to a "least danger to competition" (LDC) condition, which favors small, and thus inefficient …