This paper analyses the institutional framework for pharmacies in Germany and competition in that sector, which is … characterized by significant competition deficits. Based on our diagnosis and findings the advantages and disadvantages of two …

, wie Wettbewerb als Entdeckungsverfahren funktioniert, und besitzt hohen didaktischen Wert: Die Studenten erhalten Einblick … competition acts as a discovery procedure. The experiment is of high didactical value, since the students gain insights into …

This paper addresses the relationship between bank competition and efficiency by computing Lerner indices and cost … competition over the period, even as cost efficiency improves. In a departure from the empirical literature showing that … competition negatively granger-causes cost efficiency for Western banks, we find no significant relation between competition and …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

-statistics suggest that banks in Kuwait, Saudi Arabia and the UAE operate under perfect competition; banks in Bahrain and Qatar operate … under conditions of monopolistic competition; and we are unable to reject monopolistic competition for the banking market in …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …

The use of traditional industry-level profitability indicators for assessing the state of competition is problematic … for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy …. Second, rough industry-level indicators hide different mechanisms that are dependent on competition but may affect …

context scale economies dominated the effects of choice and competition. This points to an often ignored trade-off between … scale and competition. …

. This provides an excellent example of a country that has experienced changes in competition regime. Economic reforms in … economic and, in particular, competitive environment. Understanding the evolution of competition across industries is an … economic transition. In this paper, the authors investigate the evolution of competition in Vietnam during the economic …