competition is weak and/or when (b) family-owned firms pass management control down to the eldest sons (primo geniture). European … firms report lower levels of competition, while French and British firms also report substantially higher levels of primo … market competition and family firms account for about half of the long tail of badly managed firms and up to two thirds of …

This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … competition leads to longer waiting times in equilibrium if the competitive segment is sufficiently large. Given a policy regime … of hospital competition, the effect of increased competition depends on the parameter of measurement: Lower travelling …

competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the … implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …

comes to preferences regarding competition. We take a different point of view and claim that gender-task stereotypes are … women self-select significantly less into competition against men only in the quantitative task. This finding suggests that … remaining gender differences for entry into competition are driven by gender-task stereotypes. As a robustness check, we explore …

pricing of road and rail freight infrastructure to maximise freight transport efficiency and net benefits for the community …

community of some $0.5 billion a year under this program, with gains to consumers and other industries outweighing negative …

market. Moreover, the higher the degree of competition in the market for news, the more likely that media outlets will hire …