) and on combating the (anticompetitive) abuse of market power. Contestability refers to the openness of markets. More … original economic theory of contestability defines very strict conditions for perfectly contestable markets, antitrust has … employed the term contestability in broader and in varying ways, emphasizing the role of potential competition and potential …

This paper argues that economic competition and political contestability are two key determinants of the successful … contestability that maintained government efficiency and led to political stability throughout history. The combination of these …

[1982] type contestability model, we argue that the internet has reduced sunk costs and therefore increased contestability … contestability in deposit markets, and no effect for loan markets. The paper suggests that for time and savings deposits, the …

depends on the contestability of elections, which declines as party fragmentation exceeds the long run level predicted by … of vote shares and a new index of electoral contestability over the history of the Canadian parliamentary system from …

topic. Despite the importance of contestability in this context, previous literature concentrates only on the subadditivity … market is contestable. In this respect, further research is needed in order to account for contestability. …

Adding to the literature on factors driving corruption and bribery, this paper examines the effect of contestability in … business operations on bribe solicitations. Contestability undermines bureaucratic rent-seeking potential and this paper tries … to capture this empirically using cross-country survey data. Results show that the relatively greater contestability of …