competition in private banking industry in India in an attempt to analyse the process of market dynamics in the industry. The … of competition proposed by Stigler (1961) and measured it by Bodenhorn’s (1990) measure of mobility. The study provides a … critique of the mechanism of inducing competition, which is implicit in the Narasimham Committee (1991). It then provides the …

between product market competition and the level of innovative activity in an industry. Recent empirical papers point to an … inverted-U shape relationship between competition and innovation. Our paper offers theoretical support to these results while … show that firms solve this trade-off precisely so as to generate the inverted-U shape relationship. When the competition in …

diffusion, even when the price is constant. In the latter case the mutual competition between the brands leads with time to a … Gibrat's rule of proportionate growth is a direct consequence of the competition between the brands. The model allows a … derivation of the lognormal size distribution of product sales and the logistic replacement of durables in competition. A …

difference to the Walrasian picture in standard microeconomics. The reason for this statement is that competition between …, demand increases or is equal to supply, competition breaks down and the price exhibits a jump. When this supply shortage is …

Concepts evolve through time and over time they assume different meanings. The concept of competition is no exception …. This paper discusses the evolution of the concept of competition in general with a view to derive a theoretical framework … for analyzing competition in banking industry. Starting from the classical notions of competition it proceeds to some of …