competition. Business management is obliged to cultivate its own brand taking into account market signals and of competition …

situations of market disequilibrium. To this aim, first we distinguish the classical notion of free competition from the … Walrasian notion of perfect competition and we argue that the latter is beset with some theoretical difficulties alien to the … similarities and differences between the classical notion of competition and contemporary Bertrand competition models. …

incorporated into an econometric model. The results show that increased competition decreases fares as well as carriers' revenue …

This study explores determinants of customer choice behaviour in passenger rail competition on two cross-border routes …, Cologne–Brussels and Cologne–Amsterdam. It fills a gap in the literature on competition in commercial passenger rail by … Cologne–Amsterdam, for whom competition is a purely hypothetical situation, value a competitive market structure lower than …

This paper presents new evidence on the relationship between competition and innovation by extending previous …-U relationship between competition and innovation that is robust over several different specifications. Further evidence on major …

, the accelerator mechanism and business cycles, workable and effective competition and competition policy, and social …

This paper investigates the competition among portfolio managers as they attempt to outperform each other. We provide a … tractable dynamic continuous-time model of competition between two risk-averse managers concerned about relative performance. To …, and provide the ensuing equilibrium portfolio policies explicitly. We find that competition makes a relatively risk …

The European Commission (EC) has long intended to play a leadership role in setting a pan-European competition policy …; yet, both centralized and decentralized tendencies have been manifest in the European context for competition policy. It …