efficiency under mild competition. The effect of competition on the equilibrium strategy is different depending on which class of … show that the effect of competition on efficiency is different between the common value and the private value setting …. Strong competition leads to the least efficient equilibrium for the common value setting but efficiency can be improved by …

violated. It is shown that more competition makes the equilibrium signaling more informative when the level of competition is … moderate. Moreover, the equilibrium signaling can perfectly reveal the ability under a certain level of competition. On the … other hand, too much competition always makes the equilibrium signaling less informative. …

or market structure. We address the question how competition among suppliers of finance interacts with trust and … trustworthiness in a laboratory one-shot trust game. In order to disentangle pure effects of competition and effects of competition … show that competition has no significant effects on trust and trustworthiness of individuals in a strangers’ framework …

, that an increase in competition benefits either license users or copyright owners or harms both groups. Moreover, if …

Private banks often blame state guarantees to distort competition by giving public banks the advantage of lower funding … perfect competition between private banks does not lead to zero profits. …