This article provides an analysis of why regulatory competition in corporate law has operated, for the most part, successfully in the United States, and critiques the position of commentators who are skeptical of the significance and extent of state competition. The article begins by setting out the context in which regulatory competition has been most recently criticized, the U.S. Congress’s r...

Recent evidence suggests that controlled reasoning processes play an important role in cue competition in human causal learning (see De Houwer, J., Beckers, T., & Vandorpe, S. (2005). Evidence for the role of higher-order reasoning processes in cue competition and other learning phenomena. Learning &Behavior, 33(2), 239-249, for a review). Until now, this evidence comes almost exclusively from ...

Competition causes suppliers of goods and services to lower prices, raise quality, and innovate. It is crucial for maximizing social welfare in a market economy. Ironically, however, the market by itself does not guarantee competition, unless one makes heroic assumptions about the costlessness of market entry (North 1981; Neumann 2001: 5ff.). As Adam Smith famously warned, ‘people of the same t...

In this paper, we investigate competition in banking systems in the EU27 as a whole for the period 2004– 2010, but also for old members’ banking systems compared with new members’ banking systems and for banking systems from countries member of euro zone compares with banking systems from countries non-member of euro zone. In order to investigate this issue, we estimate a non-structural indicat...

DRAFT * The views expressed in this paper are personal and should not be attributed to the World Bank. 1 Introduction A major policy issue for many developing countries is to foster further integration into the world economy. This note discusses the role competition policy can play in the context of efforts to promote the restructuring the economy, focusing in particular on the relationship wit...

Language is characterized by both ecological properties and social properties, and competition is the basic form of language evolution. The rise and decline of one language is a result of competition between languages. Moreover, this rise and decline directly influences the diversity of human culture. Mathematics and computer modeling for language competition has been a popular topic in the fie...

This special issue comprises six papers devoted to SAT solving and three papers devoted to MAXSAT solving. With two exception, the papers contain detailed information about some of the best solvers from the 5th SAT solver competition and from the 2nd MAX-SAT solver competition, which took place as side event of the 10th International Conference on Theory and Applications of Satisfiability Testi...

This paper studies the effect of private labeling on retailer competition -an issue neglected in literature until now. Once implemented, private labeling may well be less favorable to society than previously thought because it can encourage consolidation of the retail industry. Either with linear pricing (when goods are not loose substitutes) or with wholesale price discrimination (when goods a...