firm that purchases inputs from an upstream firm under output subsidies. We construct an endogenous competition mode game …-Cournot competition can also materialize depending on the subsidy rates; however, Cournot competition appears as a unique equilibrium in a …

Can bank competition help attenuate the prevalence of zombie firms? Motivated by a stylized model, this paper studies … the effect of bank competition on the formation of zombie firms in two stages: the formation of distressed firms and … finds that bank competition lowers the probability of the formation of distressed firms, while it increases the probability …

Preface -- Part I: Overview -- Part II: The German Institutional Framework -- Part III: Competition for Non …-Commercial Services -- Part IV: Competition for Commercial Services -- Part V: Conclusions and Outlook -- Appendices -- References …This book evaluates the successes, failures, and factors that influence the competition for public bus transport …