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This paper documents a positive relation between bank competition and the penetration of bank accounts at the municipal … level in Mexico. To account for potential biases in our regressions due to the endogeneity of market structure, we employ a … of an additional branch by a bank who is already present in the local market. Our results suggest that competition policy …
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market with goods and services, attenuates the monopolism and favours competition development, implementation of scientific …
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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 …
Persistent link: https://www.econbiz.de/10010305916
Everyone remembers a plot where a disadvantaged individual facing the prospect of failure, spends more effort, turns around the game and wins unexpectedly. Most tournament theories, however, predict the opposite pattern and see the disadvantaged agent investing less effort. We show that 'turn...
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