offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …

Inter-firm competition in the field of aviation, which accelerates through liberalisation and globalisation trends, has …

competitiveness of the funds, both in the area of price competition, and quality competition. Undoubtedly, besides from the market …, that statutory regulations completely eliminated the possibility of competition between the funds. The purpose of this … paper is to analyze the areas of competition between the funds and the possibility of increasing competitive pressure …

employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is sufficiently soft and trained workers are substitutes, firms may invest in non …