Showing 1 - 10 of 150
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 …
Persistent link: https://www.econbiz.de/10014587512
Abstract Digital-age technologies promise to revolutionize the market for academic journals as they have other media. We model journals as intermediaries linking authors with readers in a two-sided market. We use the model to study the division of fees between authors and readers under various...
Persistent link: https://www.econbiz.de/10014587614
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.  …
Persistent link: https://www.econbiz.de/10014589176
Jarvis (2009) argues that ideological polarization in California’s state legislature creates unique problems for the state because of the interaction between polarization and the requirement that the budget pass with a 2/3 supermajority. Thus, Jarvis argues that California should adopt a system...
Persistent link: https://www.econbiz.de/10014589723
has been affected by European competition (the Single Market and Swedish EU membership). The study makes use of a census …. Increased foreign competition has contributed to reducing market power in sectors that were protected by tariff and non …
Persistent link: https://www.econbiz.de/10014601289
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 …
Persistent link: https://www.econbiz.de/10014608736
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 …
Persistent link: https://www.econbiz.de/10014608980
. To start with, I show that competition is best theoretically analyzed as an evolutionary process unfolding within legal …
Persistent link: https://www.econbiz.de/10014609040
Summary Boone (2008a) proposes a new competition measure based on Relative Profit Differences (RPD) that, from its … market competition, we expect fiercer competition after the uncovering. We asses the validity of the indicators by comparing … the indicated competition levels before and after the cartels were uncovered and stopped. The Boone-Indicator is …
Persistent link: https://www.econbiz.de/10014609345
Summary The paper demonstrates the compatibility between competition as a rivalry among firms and increasing returns …
Persistent link: https://www.econbiz.de/10014609508