and information asymmetries. From transaction cost economics, agency theory, and law and economics literature the …

shields the private commercial bank from aggressive competition by these banks. …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product …

shields the private commercial bank from aggressive competition by these banks. …

This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …

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 …

nicht verbessert. Deshalb mahnen (manche) Ökonomen "mehr Wettbewerb" unter den Prognoseinstituten an – und hoffen, dass die … Analyse nicht zu klaren Indizien, dass "mehr Wettbewerb" die Prognosegüte erhöht. Dieses noch vage Ergebnis wird von einer …) economists demand "more competition" among forecasting institutions, hoping that allocative efficiency of market solutions holds …