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In this paper, an evolutionary theory of market competition is developed. It is rooted in concepts of Smith, Hayek and … role of diversity as a driving-force of evolutionary competition …
Persistent link: https://www.econbiz.de/10014029361
stakeholder evaluation. In this short paper I will offer six good reasons why the competition should always be on the stakeholder …
Persistent link: https://www.econbiz.de/10013157858
Friedrich A. von Hayek’s (1899-1992) view of competition as a discovery process is well known but little used. His … view of competition less relevant to the digital economy? Even Hayek had doubts. Unlike most ‘Austrian economists’ Hayek … I critically assess Hayek’s views on competition, monopoly and antitrust, and their relevance to the ‘digital economy’ …
Persistent link: https://www.econbiz.de/10013311543
This article extends antitrust analysis to two-sided markets in which a virtual monopolist competes with local bricks-and-mortar dealers. The discussion examines the market power of an Internet market maker as well as an Internet matchmaker. The analysis shows that equilibrium in a two-sided...
Persistent link: https://www.econbiz.de/10014048358
The book is intended to be a reference book of Competition Economics for economists, consultants and/or practitioners …
Persistent link: https://www.econbiz.de/10014255814
This article provides an overview of the competitive issues surrounding online platforms. The general theme is that while much has been made of the structural features of online platforms there is little hard evidence that these are durable monopolies. Nonetheless, there are concerns about the...
Persistent link: https://www.econbiz.de/10013321957
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We analyze how, in the absence of capital market incentives, the influence of existing competition on voluntary … the sign of the relationship between competition and the probability of voluntary disclosure throughout the industry …
Persistent link: https://www.econbiz.de/10013137001