This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank's competitive …

We report on two experiments that identify non-monetary incentive effects of competition. As the number of competitors …-monetary incentive effects of competition going in the opposite direction. In the experiments we change the number of competitors … comparisons as one potential mechanism for this effect. It shows that competition turns the effort decisions of competing managers …

Interconnection rates are a key variable in telecommunications markets. Every call that is placed must be terminated by … rates also affect competition among mobile operators. We show that the waterbed effect is diluted, but not eliminated, for …

diversity of telecommunications innovation increased. Total patenting by US inventors related to telecommunications increased by …

We investigate the impact of product market competition on firms’ automation investments. We use a rich combination of … micro-data on Portuguese exporters and exploit a novel source of variation in the degree of competition they face – a tariff … competition in export markets tend to reduce investments in automation technologies. These average negative effects are driven by …

in question. Thus, an ex post competition policy approach would be preferable to a strict ex ante prohibition of NN …

correlated with its quality. Open source may weaken or invert this relationship by giving Bertrand competition losers a second … chance. It however follows that though open source leads to more competition and more standardization, the chosen standard …