We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower … quality banks; and that precisely for those lower quality banks competition typically compromises the effectiveness of capital …

The literature suggests that competition among schools might increase quality. However, not much empirical evidence is … present as only a few countries allow competition at a large scale. One exception is the Netherlands. Free parental choice is … Netherlands we show that there is a relation between competition and student achievement in upper secondary education, but that it …

Ample evidence is available for the effect of competition on educational quality as only a few countries allow large … scale competition. In the Netherlands free parental choice is present since the beginning of the 20th century, which can be … between competition and educational outcomes in secondary education, but that it is negative and small. This effect is larger …

We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that … in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff … gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the …

faces competition from a slower but better accessible transport mode. To access the fast transport network individuals have … in the presence of competition the profit-maximizing and socially optimal decision would be to cluster the two stations …. By contrast, in the absence of competition both a profit-maximizing firm and a social planner would locate the two …

address the issue of entrepreneurship in two distinct ways: a) as it has historically developed within the field of economics … and b) as it develops in the transitional context. In contrast to advanced western economies, productive entrepreneurship … entrepreneurship for transition countries. By means of a literature survey, we further present the main characteristics of …