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How Competitive Is Competitive Bidding?
Health Affairs, 1991In recent years, states have undertaken numerous efforts to curtail the rapidly rising costs of Medicaid, the federal/ state program of health insurance for the poor. Some of these efforts have centered on increasing the level of competition in medical care markets in the hope of bringing down prices for services.
Lynn Paringer, Nelda McCall
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, 1987 In his 1987 entry on ‘Perfect Competition’ in The New Palgrave, the author reviewed the question of the perfectness of perfect competition, and gave four alternative formalisations rooted in the so-called Arrow-Debreu-Mckenzie model. That entry is now updated for the second edition to include work done on the subject during the last twenty years.
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Technology and competitiveness [PDF]
Oxford Review of Economic Policy, 1996 “Technology” and “competitiveness” are two of the most popular buzz-words of our time. Increasingly policy makers on both sides of the Atlantic link the two. But what do we really mean when we talk about the international competitiveness of a country? And what does technology have to do with it? Is there a theory behind this link?
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Competition for Listings [PDF]
The RAND Journal of Economics, 1999 We develop a model in which two prot maximizing exchanges compete for IPO listings. They choose the listing fees paid by entrepreneurs wishing to go public and control the trading costs incurred by investors. All entrepreneurs prefer lower costs, however entrepreneurs dier in how they value a decrease in trading costs.
FOUCAULT, Thierry, PARLOUR, Christine A.
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From competitiveness to competition
Resources Policy, 1996Abstract Minimill steel companies-re;atively small, efficient producers that use electric furnaces to melt scrap or directly reduced iron ore - have steadily increased their share of US steel production from about 5% in 1970 to more than 35% today, forcing the closure of numerous integrated facilities over this period.
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Competitiveness and Competitive Advantage [PDF]
, 1995 Competitiveness as a comparative measure between companies within an industry is closely related to the presence of a competitive advantage. A major contribution to enlighten competitive advantage has come from studies done by Michael Porter. He describes competitive advantage as follows (Porter, 1985): Competitive advantage grows out of value a firm
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International Competitiveness [PDF]
The Economic Journal, 1988 This paper develops and tests a model of differing trends in international competitiveness and economic growth across countries. The model relates the development of market shares at home and abroad to three sets of factors: the ability to compete in technology, the ability to compete in delivery(capacity) and the ability to compete in price. The test,
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2020
The concept of competitiveness for both nations and businesses changed due to the globalization, the diffusion of information technology (IT), the high level of innovation, the Fourth Industrial Revolution, the spread of concepts as corporate social responsibility (CSR), and sustainability.
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The concept of competitiveness for both nations and businesses changed due to the globalization, the diffusion of information technology (IT), the high level of innovation, the Fourth Industrial Revolution, the spread of concepts as corporate social responsibility (CSR), and sustainability.
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The Utility Competition, Price Competition and Quantity Competition
SSRN Electronic Journal, 2018We propose a framework of utility competition (UC), and we provide the intuition why price competition (PC), quantity competition (QC) and UC differ, and prove it by using a nonlinear demand system. If the network externality is positive, then PC is the most efficient with the lowest equilibrium price, QC is the least efficient, and UC is in the middle.
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SSRN Electronic Journal, 2017
Algorithms are the fundamental ingredient of online businesses such as search engines, marketplaces, peer-to peer platforms and social networks. They have already deeply affected the way individuals shop, communicate, and interact with one another.
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Algorithms are the fundamental ingredient of online businesses such as search engines, marketplaces, peer-to peer platforms and social networks. They have already deeply affected the way individuals shop, communicate, and interact with one another.
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