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The analysis given here presents the lagal framwork for competition policy in Greece. Over the last twenty years … various competition policy previsions have appeared. Greece, however, has yet to achieve an effective competition policy. …
Persistent link: https://www.econbiz.de/10005646527
In first part of this paper will be presented the concept of competition, we will define and point the main objective … of competition, all stages through the competition may be emphasized, the main purpose of competition and also the … function of this. Also we present the characteristics of market with perfect competition. A major theme, including from the …
Persistent link: https://www.econbiz.de/10010550361
competition for matches may solve hold-up and coordination problems generated by the absence of complete contingent contracts. In … particular, this paper shows that when marching is assortative and sellers' investment precede market competition the investments …
Persistent link: https://www.econbiz.de/10005730308
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 …
Persistent link: https://www.econbiz.de/10005836817
This paper discusses the problems involved in considering competition policy as a separate area of economic policy. Two … second best. The other is the justification for defining competition policy solely in terms of efficiency without regard for … well as the markets for public services, have to a large extent been immune to interference from competition policy. …
Persistent link: https://www.econbiz.de/10005672015
Experimental Markets were used to examine whether individual probability judgment biases affect market prices. This issue is important to accountants because users of accounting information (especially investors) face competitive market environments. The expectation was that it would be more...
Persistent link: https://www.econbiz.de/10012773702
How much information should brokers supply on a website? The Internet allows brokers to reduce the cost of providing information to potential buyers. However, brokers may risk disintermediation if they provide too much information. This paper presents a model of a broker's choice of how much...
Persistent link: https://www.econbiz.de/10012752034
Different markets are cleared by different types of prices—seller-specific prices that are uniform across buyers in some markets, and personalized prices tailored to the buyer in others. We examine a setting in which buyers and sellers make investments before matching in a competitive market....
Persistent link: https://www.econbiz.de/10011019204
Persistent link: https://www.econbiz.de/10010928320
Different markets are cleared by different types of prices---seller-specific prices that are uniform across buyers in some markets, and personalized prices tailored to the buyer in others. We examine a setting in which buyers and sellers make investments before matching in a competitive market....
Persistent link: https://www.econbiz.de/10008751337