dc.description.abstract How firms react to a given shock may depend on the degree to which rivals are present and on whether potentially viable entrants to that market exist. The authors try to ...

We study contestability in non-profit markets when non-commercial providers supply a homogeneous collective good through increasing-returns-to-scale technologies. Unlike in the case of for-profit ...

Contestability theory makes a case that the pricing behavior of a multi-product natural monopolist is disciplined by the threat of entrepreneurial entry. The contestability model employs three major ...

The life insurance contestability period is a short window in which insurance companies can investigate and deny claims. The period is two years in most states and one year in others, and it begins as ...

UP TO 32% of electricity users that have been certified as “contestable” and can directly buy power from retail suppliers have yet to register in the retail electricity market, the Philippine ...

The Scandinavian Journal of Economics, which first appeared in 1899 as Ekonomisk Tidskrift publishes research of the highest scientific quality from Nordic and international contributors in all areas ...

THE Energy Regulatory Commission (ERC) has moved to extend the deadline for contestable customers with at least 1 megawatt (MW) of electricity consumption in a month to choose their own electricity ...

A Culture of Growth: The Origins of the Modern Economy. By Joel Mokyr. Princeton University Press; 403 pages; $35 and £24.95. IN THE year 1000 the average person in western Europe was slightly poorer ...