substitution rule, and the combination of both on generic competition in a Salop-type model with an off-patent brand-name drug and …

productivity, and employ less workers than the public firm. Allocative efficiency therefore increases. Nevertheless, prices of the … sector s output rise as competition between private firms for the best motivated workers leads to higher wage cost than under …

This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank s competitive …

This study investigates the bank competition-stability nexus using a unique regulatory dataset provided by the Deutsche …-varying characteristics of banks which are likely to influence the competition-risk taking channel. Third, we include different measures of … competition, contestability and market power, each corresponding to a different contextual level of a bank's competitive …

I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of … competition on sellers' incentives is theoretically ambiguous. More competition disciplines sellers, but, at the same time, it … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads …

broker therefore strategically sells partial information on consumers in order to soften competition between firms. Extending …

Contradictory empirical and theoretical evidence on the relationship between innovation and competition has been … as R&D intensity, R&D elasticity, technical change, technical efficiency and total factor productivity fare with respect … to competition measured by the Lerner index. The results prove sensitive to the choice of variable. Overall, the model is …

I analyze the impact of intellectual property and product market competition regulations on innovation and long … and competition in a sector increases its R&D investments. However, these policies adversely affect R&D investments of the … increase economic growth, but higher competition has a very limited effect on growth …