context, since the poor are typically the most affected by lack of competition, new analytical tools to assess the … knowledge gap, this paper introduces a simple simulation method, the Welfare and Competition tool (WELCOM), to estimate with … results show that increasing competition from four to 12 firms in the mobile telecommunications industry and reducing the …

The model of perfect competition is one of the most famous, most important, and most misunderstood concepts in … economics. Rather than aiming to be a full-blown model of real-world competitive markets, the perfect competition model isolates … only feature of market competition, but it plays a central role regarding to its virtues, and understanding the working …

surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like …, we discuss how much monopoly is unavoidable in premier-level European football and how its powers can be limited and … competition for the market, fueling innovation incentives and strengthening the influence of fans' preferences. …