faces competition from a slower but betteraccessible transport mode. To access the fast transport network individuals haveto … presence of competition the profit-maximizingand socially optimal decision would be to cluster the two stations. Bycontrast, in … the absence of competition both a profit-maximizing firm and a socialplanner would locate the two stations on opposite …

We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that … in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff … gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the …

effect of competition on educational quality as only a few countries allow large scale competition. In the Netherlands free … 100% funding. Based on panel data for the Netherlands we show that there is a relation between competition and educational …

We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … show that competition improves the monitoring incentives of better quality banks and deteriorates the incentives of lower … quality banks; and that precisely for those lower quality banks competition typically compromises the effectiveness of capital …

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 …