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Although justification for competition policies is well founded in the economic literature, there is a need to … consensus that "competition is good," there is vagueness in the minds of many and uncertainty about the need for competition … policy and how competition should be enforced. This paper aims to contribute to the growing discussion on how to proceed from …
Persistent link: https://www.econbiz.de/10011429695
European Commission is the first without a strategy to strengthen competitiveness at the EU level since the early 1990s …
Persistent link: https://www.econbiz.de/10014560176
The study assesses the state of competition in the Philippine wholesale and retail sector, focusing on the distribution … retail competition like price, geographical location, retail product and retail service. Industry data from the National …--factors that are not regarded as anti-competitive and are welfare enhancing to the general public. The need for competition policy …
Persistent link: https://www.econbiz.de/10011429799
This paper explores the relationship between competition policy, experience of the application of competition policy …, the intensity of local competition and the standard of living. Perception data from the World Economic Forum is used to … measure the intensity of local competition. Richer and larger countries in general introduce competition policy earlier than …
Persistent link: https://www.econbiz.de/10010295461
Institutionenökonomik und der Evolutorischen Ökonomik aufbaut. Er kritisiert die gängigen normativen Konzeptionen in der Wettbewerbspolitik …, insbesondere die Idee des Wettbewerbs als Allokationsmechanismus, und plädiert für eine regelgeleitete Wettbewerbspolitik, die sich …
Persistent link: https://www.econbiz.de/10010296936
Grundlagen erläutert und es stellt sich heraus, daß der Wettbewerb als ein evolutionärer Prozeß zu analysieren ist, der innerhalb … institutionenökonomisch-evolutionäre Wettbewerbsleitbild in seinen Grundzügen skizziert und für eine regelgeleitete Wettbewerbspolitik, die … competition policy. I call it the Institutional-Evolutionary Antitrust Model. In order to construct an antitrust model one needs …
Persistent link: https://www.econbiz.de/10010323983
competition policy. I call it the Institutional-Evolutionary Antitrust Model. In order to construct an antitrust model one needs … both empirical knowledge and considerations of how to adequately deal with norms. The analysis of competition as an … Grundlagen erläutert und es stellt sich heraus, daß der Wettbewerb als ein evolutionärer Prozeß zu analysieren ist, der innerhalb …
Persistent link: https://www.econbiz.de/10010324006
specific cost parameters to measure competition with Lerner indices. Large, national universal banks and the smallest, most … specialized banks exhibit the lowest level of competition. In turn, medium sized universal banks are both efficient and exhibit …
Persistent link: https://www.econbiz.de/10010295952
We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …
Persistent link: https://www.econbiz.de/10010320042
We develop an evolutionary algorithm to estimate Threshold Vector Error Correction models (TVECM) with more than two cointegrated variables. Since disregarding a threshold in cointegration models renders standard approaches to the estimation of the cointegration vectors inefficient, TVECM...
Persistent link: https://www.econbiz.de/10010271414