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how the dynamics of market evolution shapes market performance and competition. The results of the simulation runs show a …
Persistent link: https://www.econbiz.de/10010483983
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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
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
Grundlagen erläutert und es stellt sich heraus, daß der Wettbewerb als ein evolutionärer Prozeß zu analysieren ist, der innerhalb …
Persistent link: https://www.econbiz.de/10011581950
competition policy. I call it the Institutional-Evolutionary Antitrust Model. In order to construct an antitrust model one needs … both empirical knowledge and considerations of how to adequately deal with norms. The analysis of competition as an …
Persistent link: https://www.econbiz.de/10011582635
innovation intensity to escape competition. The U-shaped relation is more pronounced in industries where firms compete in …
Persistent link: https://www.econbiz.de/10012890304
the fundamental question: What is competition? Only in understanding competition can one understand what competition can … or cannot achieve under certain circumstances. This Article reexamines one premise of competition, namely the extent to … Article maps four scenarios of competition. Competition authorities should revisit their conception of competition, including …
Persistent link: https://www.econbiz.de/10014193228
Considerable debate surrounds the concept of entrepreneurial opportunities. This paper contributes to the discussion by bringing in concepts and findings from evolutionary economics. It makes three points. First, adopting an evolutionary market process perspective sheds new light on the nature...
Persistent link: https://www.econbiz.de/10003316953