their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …

This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …

shields the private commercial bank from aggressive competition by these banks. -- banking ; competition ; cooperation : non …

shields the private commercial bank from aggressive competition by these banks. -- banking ; competition ; cooperation ; non …

This paper analyses the relationship between past innovation output, competition, and future innovation input in a … dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product … substitutability and entry barriers due to fixed costs. Based on firm-level panel data for Germany and Switzerland we obtain consistent …