competition among counties. The present paper highlights the situation in which the citizens of two countries have the opportunity …

changes in competition in the United States. The sector offers workplace employee representation through trade union branches … Productivity (TFP) than incumbents. Increased competition from new entrants leads incumbents to reduce the price of union …. Those with higher TFP have higher survival probabilities. However, increased competition does not induce incumbents to raise …

pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …

We study empirically how competition among high-frequency traders (HFTs) affects their trading behavior and market …-frequency competition, and contains an exogenous event - a tick size reform - which we use to disentangle the effects of the rising share of … high-frequency trading in the market from the effects of high-frequency competition. We find that when HFTs compete, their …