giving more to all entrepreneurs. In equilibrium, competition for the best entrepreneurs forces intermediaries to offer …. Competition among financial intermediaries always forces them to fund projects with negative expected returns both from a private … scale. The three main features of our framework (competition, adverse selection, and limited liability) are necessary to get …

little, fierce competition between providers of similar services is expected. We consider a model where two e … prefer the less popular and cheaper one. -- E-commerce ; Intermediary ; Competition ; Listing fee ; Closing fee …

extra delivery times which have relevant impact on both urban supply chains and the competition among traditional and UDC …

This paper provides evidence on the relation between the intensity of product market competition and the probability of … product market competition and the probability of exit. -- competition intensity ; exit ; natural experiment …

This paper studies the effects of introducing competition for local passenger railway markets in the German state of … Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the … further suggest that the effects of competition may depend strongly on the operator. -- Competition for the market …

that the SSM reduced competition for SSM banks in countries affected by the sovereign debt crisis. Otherwise, the impact of … the SSM was limited or competition increased. Furthermore, our results suggest that anti-competitive side effects of the …