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Reconsiders Umberto Ricci’s harsh comments on the book of the young Attilio da Empoli about the Theory of Economic Equilibrium and also re‐examines da Empoli’s original theses about “ultramarginality” that aroused Umberto Ricci’s fierce criticism. In his reply, da Empoli punctually...
Persistent link: https://www.econbiz.de/10014863914
to the theory of monopolistic competition. During the 1920s a lively discussion developed about the link between the cost … structure of the individual firm and the degree of competition in the wake of the demise of the Marshallian concept of the … (“external competition”) and the inadequacy of the Cournot solution for spatially differentiated firms that compete with …
Persistent link: https://www.econbiz.de/10014863915
theirs. Da Empoli’s work is on the process of competition. In this he has affinity to work of Knight and Clark written in the …
Persistent link: https://www.econbiz.de/10014863919
to the treatment of competition as an adjective. For da Empoli, competition was a rivalrous process, a verb. It is … competition as a process would now be at a more advanced state.  …
Persistent link: https://www.econbiz.de/10014863920
Purpose The purpose of this paper is to examine the empirical effect of competition on cost and profit efficiency in …) to estimate cost and profit efficiency scores. In the second stage, the authors measure insurance market competition … which controls for heteroskedasticity to examine the effect of competition on the estimated efficiency scores. Firm size …
Persistent link: https://www.econbiz.de/10014864374
Purpose – The purpose of this paper is to investigate market competition for three product types of salmon (smoke … retail market. Design/methodology/approach – Competition and the corresponding pricing conduct among supermarkets are tested … implications – Concerns over the supermarkets’ exercise of market power over consumers have prompted the competition authorities to …
Persistent link: https://www.econbiz.de/10014864442
Purpose The purpose of this paper is to extend a theoretical framework for analyzing competition and innovation in the … social welfare. An inverted-U relationship between competition and social welfare also holds. When firms behave cooperatively …
Persistent link: https://www.econbiz.de/10014864689
Purpose – The purpose of this paper is to highlight points of differentiation for small family businesses, relative to larger “big box” retailers, which may provide marketing‐oriented competitive advantages. Design/methodology/approach – From a conceptual perspective, the authors...
Persistent link: https://www.econbiz.de/10014864889
Competition and entrepreneurship are driving forces in the development of economic systems. They create jobs, new …
Persistent link: https://www.econbiz.de/10014838239
, gradual reform measures have been initiated to improve efficiency, productivity, competition and stability of the banking … sector. There is a requirement for a formal approach to examine level of competition in Indian banking sector after the … method using 2‐stage least square for assessing the degree of competition in the Indian banking system. Findings – The paper …
Persistent link: https://www.econbiz.de/10014839852