This paper compares the welfare effects of three ways in which health care can be organized: no competition (NC …), competition for the market (CfM) and competition on the market (CoM) where the payer offers the optimal contract to providers in … particular, CfM is optimal in a clinical situation where the payer either has contractible information on provider quality or can …

offers.We show that these deregulations may be insuficient since asymmetric information seriously hampers the integration of …-a-vis potential entrants.More-over, banks may strategically display some information hindering entry when asymmetric information is … moderate.We also show that voluntary information sharing emerges only when asymmetric information is low. …

We show that competing firms relax overall competition by lowering future barriers to entry.We illustrate our findings … in a two-period model with adverse selection where banks strategically commit to disclose borrower information.By doing … this, they invite rivals to enter their market.Disclosure of borrower information increases an entrant's second …

The exchange of taxpayer-specific information between national tax authorities has recently emerged as a key and … savings tax initiative.This paper analyses the effects of information exchange and withholding taxes, recognizing that … countries which agree to exchange information do not forfeit the ability to levy withholding taxes, and also focusing in …

normative analysis, i.e. we evaluate alternative competition and innovation policies from a welfare perspective. Third, we … introduce a reliable way to measure competition in dynamic markets with nonlinear pricing. We illustrate the usefulness of our …

measured by the proximity between a firm and the best practices.Aggregation of firm efficiencies is imperfect.The bias is used … framework, which requires only input and output information, duality analysis reveals the Solow residual.In discrete time …