attitudes to corruption, and how these may shape the competition for the right to extract resources in a developing country …-off between bribes and taxes determine who wins the competition for the resource and the winning price. We find that the entry of …

. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers …

competition. …

The main objective of the competition policy and law is to preserve and promote competition, as a means to ensure … adequate supplies to consumers. As a general proposition, competition law consists of rules that are aimed at protecting the … process of competition in order to maximize consumer welfare. The aim of the Competition policy is to enhance the economic …

We study the effect of patent royalty damages on social welfare in an entry model of quantity competition. We show that … welfare. Intuitively, per-unit royalties help overcome the over-entry problem only by distorting downstream competition, while …

While the real effects of bank competition is a classic topic in the finance literature, there has been relatively … exogenous shock to competition supplied by DOJ antitrust policies to look at the relationship between bank competition and local … labor markets. Following this negative shock to competition, unemployment increases and wages decrease, but there is no …