that all firms play an oligopoly game. We derive conditions under which increasing market concentration arises with myopic …

and merging into larger banks. The gradual concentration process has most recently cumulated in the relaxation of the …

these sectors, a distinction is made between sub-sector groupings that exhibit a high level of concentration and those that … the extent of wage mobility in a given economic sector is negatively related to the degree of concentration in that sector. …

, leading respectively to egalitarian and anti-egalitarian pairwise stable networks. This has implications for the concentration … fragmentation, concentration and contagion asymmetry, in several two-sided economies. …

We use transaction-level data to study changes in the concentration of US imports. Concentration has fallen in the … typical industry, while it is stable by industry and country of origin. The fall in concentration is driven by the extensive … concentration among national producers. …

1930 to 2000 using a discrete-state Markov chain. We test for and find evidence in favor of the (knowledge) convergence … states in the middle of the cross-sectional distribution and the rate of convergence to the limiting distribution is "slow." …

30 years after the fall of the Berlin Wall, no full convergence of the economic performance and the living conditions … discusses possible reasons for the lack of convergence such as the legacy of the planned economy, economic policy mistakes made … erosion of market forces are discussed. This leads to economic policy recommendations to achieve full convergence of the …