subjective theory of value. In this article Menger's analysis of competition is examined and it is suggested that he understood … competition as a dynamic process. All elements of the modern process-oriented analysis of competition along evolutionary lines are … contained in his work: the emphasis of the process and not of the end-state to which competition might lead, the variety of …

Two” has triggered both in the USA and Europe, competition law concerns and placed the (as yet little economically … conditions of the credit card market, and presents results from competition law discourse in a broader economic framework. The … crucial question from the competition law perspective of the market dominance of the “Big Two” is analyzed for European …

Grundlagen erläutert und es stellt sich heraus, dass der Wettbewerb als ein evolutionärer Prozess zu analysieren ist, der …. To start with, I show that competition is best theoretically analyzed as an evolutionary process unfolding within legal …

Purpose – The purpose of this paper is to explain the impact of the incentives of competition authorities concerning … antitrust enforcement on the structure of enforcement and understanding of the substantive norms and welfare standards in Russia … competition policy in the practice of enforcement. Findings – The analysis reveals that the majority of cases would never be …

Purpose – The purpose of this paper is to analyze the fast food market and customer attitudes in Russia, and outline …'s” strategies with the other mainly US‐based fast food chains that operate currently in Russia. The subject scope of the paper … luxury or more upscale (“healthy”) positioning strategy of the new entrant “Quick” into the fast food market in Russia is not …

This paper examines the importance of competition in innovation and the growth of firms. We make use of the large …-scale natural experiment of the shift from an economic system without competition to a market economy to shed light on the factors …

joining a club, or choosing one club to admire. Clubs compete by providing a public good. Competition between clubs increases … the public good provision level, and a sufficiently strong competition effect may even lead to overprovision. The model … open-source software projects, university fundraising and infrastructure competition between cities.  …