The first paper is co-authored with Sylvain Delalay. We examine the impact of competition between ETFs on measures of market quality of the funds. The surge in new ETF creation has for consequence that groups of competing ETFs are increasingly crowded, and investors can choose from a multitude...

Developments of the network economy: opportunities and threats -- The new market circumstances -- From supply chain to network -- Networks become the competition -- Technology as basis for new competitive relationships -- It's about customers not products: a change of vision -- New marketing-and...