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 …

employees and pay full-time wages with the risk of over- and under-capacity or hiring professionals temporarily in the free …

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

Anticompetitive mergers increase competitors' profits, since they reduce competition. Using a model of endogenous …

. Merger control may help protect competition. Holdup and intertemporal links make policy design more difficult, however. Even …