various reasons for local government policy interactions, including fiscal competition, bidding for firms, yardstick … competition, expenditure spillovers, and Tiebout sorting. We discuss theoretically what parameters should be estimated to … determine the reason for competition among local governments. We emphasize how the policy outcomes emerging from this …

This paper studies policy competition for a foreign-owned multiproduct monopolist firm producing two products that are … horizontally differentiated between two countries of different size. We show that the equilibrium outcome of FDI competition is …. Welfare effects of competition for FDI are derived; in particular, we show that the competing countries may Pareto strictly …

In this paper we investigate tax/subsidy competition for FDI between countries of different size when a domestic firm … policy competition between the two governments seeking to attract FDI. We show that the country hosting the incumbent always … welfare-maximizer location. Finally, an efficiency-enhancing role of policy competition may only arise when the domestic …

on existing theories of competition in markets with adverse selection. -- Asymmetric information ; competition ; adverse …

competition between certifiers, which lowers the certification fee, is not beneficial. This result complements Strausz (2005) who …

on existing theories of competition in markets with adverse selection …