regarded as pure polyarchy, the broadest form of political competition, and a robust mechanism for disciplining government … cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real world. …

Does an increase in competition increase or decrease bank stability? I exploit how the state-specific process of … loans and increases bank profitability. These findings suggest that competition increases stability as it improves bank … interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …

informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …

attempts to classify the efficiency degree associated with the energetic transition of countries, taking into account the … markets. The optimisation process will define an efficiency frontier, capable of classifying countries according to their … relative efficiency. These results are presented and analysed with the objective of suggesting improvements in the regulatory …

stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … states that retained state bank chartering policies. We argue that the fiercer bank competition following the introduction of …

attempts to classify the efficiency degree associated with the energetic transition of countries, taking into account the … markets. The optimisation process will define an efficiency frontier, capable of classifying countries according to their … relative efficiency. These results are presented and analysed with the objective of suggesting improvements in the regulatory …

We study the stability of social and economic networks when players are farsighted. In particular, we examine whether …