Using a general-equilibrium simulation model featuring nominal rigidities and monopolistic competition in product and … labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition …, greater competition produces large effects on macroeconomic performance, as measured by standard indicators. In particular, we …

Standardization of complex products is touted as improving consumer decisions and intensifying price competition, but … evidence on standardization is limited. We examine a natural experiment: the standardization of health insurance plans on the … Massachusetts Health Insurance Exchange. Pre-standardization, firms had wide latitude to design plans. A regulatory change then …

restraints, thereby, soften retail competition—an impact also generated by resale price maintenance (RPM). However, by …

This paper provides experimental evidence on the effect of increased competition on prices and quality in the retail … areas where the number of entrants was larger. Competition seems to have driven part of the clientele away from incumbent …

their general online attention patterns. This conclusion has important implications for competition and welfare in other …

that would inject private-school competition and increase technical efficiencies without cream skimming. Conditioning …. However, by adding conditions like tuition constraints such as vouchers can reap the benefits of school competition without …

straightforward empirical tests from a model of patient demand, procedure quality, and differentiated product competition. Using …