, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …

between the old andthe new technology and on whether firms compete in prices. Without price competition, a partiallock …-in occurs if (and only if) the quality difference is small. In the presence of price competition,lock-in in the traditional …

evidence for statistical discrimination in the standard no-competition setup of Coate and Loury (1993). When we introduce … competition between workers of different groups, the non-discrimination equilibrium ceases to be stable. In line with this … theoretical observation, we find systematic discrimination in the experimental treatment with competition. Nevertheless, a …

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 …