The COVID-19 pandemic profoundly disrupted global aviation networks, with long-haul connectivity particularly affected. This study assesses the evolving competitive positions of sixteen major hub airports in the Asia-Pacific region by analyzing their transfer-connectivity performance before and...

Europa steht vor einem historischen Anstieg der Ausgaben für Verteidigung und Sicherheit. Werden diese zusätzlichen Mittel gut geplant, verteilt und eingesetzt, kann dies die europäischen Verteidigungsfähigkeiten grundlegend verändern und die industrielle Basis der europäischen...

This paper argues that the Federal Communications Commission (FCC) has outlived the economic and technological conditions that justified its creation. The monopolistic telephone and spectrumscarcity environments of 1934 have been replaced by dynamic, intermodal competition across broadband,...

Joseph Heath presents his market failures approach to business ethics as a happy medium between cynicism and the idealism of traditional moral theories such as Kantian ethics, which Heath believes to be incompatible with important forms of competition. The market failures approach defends some...

In an auction, each party bids a certain amount, and the one who bids the highest is the winner. Interestingly, auctions can also be used as models for other real-world systems. In an all-pay auction all parties must pay a forfeit for bidding. In the most commonly studied all-pay auction,...

This study examines the extent to which market size disparity across franchises - measured as the coefficient of variation of MSA populations - moderates the effectiveness of competitive balance interventions (CBIs) in Major League Baseball (MLB), the National Football League (NFL), the National...

We study information design in a vertically differentiated market. A third party publicly discloses information about the product qualities of two competing firms. More precise information improves consumer matching but increases perceived differentiation, enabling firms to raise prices....

This paper studies how commission rates affect app entry across platforms. We examine an increase in Android game commission rate from 30% to 50% in China in 2014 and its impact on Android and iOS app stores, separately, in a difference-in-differences framework. We find a direct negative entry...

The European football (soccer) market increasingly funnels rents to superstar players and intermediaries while weakening competitive balance. We trace this dynamic to two forces: (a) technological innovation that globalized broadcasting and magnified superstar returns, and (b) legal rulings...

This paper examines the "right" geographic definition of relevant markets by analyzing how excise tax pass-through varies with local competition in the retail gasoline market of a large metropolitan city. Using a natural experiment from three unanticipated and exogenous fuel tax hikes and...

We study competition between a welfare-maximizing public platform and a profit-maximizing private platform in a two-sided payment market. We characterize the public platform's optimal pricing and show that it balances the benefits of increased competition against the welfare costs of network...

This paper develops a theory of how investors’ tastes are transmitted to aggregate investment through the market structure of financial intermediation. Whether tastes affect equilibrium capital allocation depends on where they originate—from households or from intermediaries—and on the...

The rise of fintech lenders has intensified competition in the banking industry. This study utilizes Brazilian bank-level data to examine the causal impact of increased competition on commercial banks’ lending rates and profitability. Employing a bank-specific Bartik exposure, constructed from...

Das Ministerium für Arbeit, Gesundheit und Soziales des Landes Nordrhein-Westfalen (MAGS NRW) hat ein "Gesetz zur Sicherung von Tarifentgelten bei öffentlichen Vergaben in Nordrhein-Westfalen (Tarifentgeltsicherungsgesetz - TESG) entworfen (MAGS NRW, 2025a). Das Ministerium verfolgt damit das...

I study how third-party firms respond when a platform owner enters its own marketplace, analyzing Apple's entries into App Store submarkets from 2016-2021. Using text embeddings to define markets and a staggered difference-in-differences design, I find that Apple's entry deters new competitors...

Competitiveness has returned to the fore of European economic policymaking with a vengeance. In this paper, we scrutinize the recent debate on the need for promoting European competitiveness, as prominently diagnosed by the Draghi Report. By disaggregating the overall academic and...

Europa steht vor einem historischen Anstieg der Ausgaben für Verteidigung und Sicherheit. Werden diese zusätzlichen Mittel gut geplant, verteilt und eingesetzt, kann dies die europäischen Verteidigungsfähigkeiten grundlegend verändern und die industrielle Basis der europäischen...

The European Union Emissions Trading System is set to substantially increase the effective carbon price faced by airlines. To quantify the impact of this carbon regulation on the European airline industry, we estimate a two-stage model of airline competition with endogenous route entry, flight...

This paper investigates how competition for skilled labour from foreign multinational corporations (MNCs) affects the alignment of wages and labour productivity in domestic firms. Using linked employer- employee records, worker data, and firm-level customs declarations from South Africa,...

This paper develops a dynamic model in which the productivity of joint research governs strategic investment timing in innovation races. Departing from the standard assumption that discovery rates scale proportionally with the number of active firms, we allow research to exhibit decreasing or...

This research aimed to: (a) analyze the influence of strategic management accounting information on business strategy, competitiveness, and sustainable performance; (b) investigate the role of mediating variables on business strategy and competitiveness, and (c) study the role of moderating...

this paper explored the impact of market competition on the industry 4. O (I4.O) technology adoption in Indian small and medium sized enterprises (SMEs). The research seeks to explore the competitive pressure between SMEs firms always influence digital changes with different technological...

The objective of this study is to examine the interrelation between competitive human capital (CHC) and a professional football club's (PFC) sports performance (SP) and business performance (BP). The research methodology is based on a seemingly unrelated regressions (SUR) model with panel data....

This paper links microeconomic theory with the political economy of regulation. We explain why modern economies tend to become persistently over-regulated and we outline a practical strategy for deregulation. We argue that regulations are not the works of a benevolent central planner but rather...

Deutschland hat eine massive Investitionsschwäche, welche die Produktivität dämpft, damit das Wirtschaftswachstum verringert und zunehmend den Wohlstand gefährdet. Doch nicht nur der Staat hat in der Vergangenheit zu wenig investiert. Ebenso investierten Unternehmen deutlich weniger als in...

Das deutsche Geschäftsmodell, geprägt durch eine industriebasierte, dienstleistungsergänzte, exportorientierte und regional balancierte Struktur, steht unter erheblichem Druck, Seit 2018 schrumpft die Industrieproduktion, während die Bruttowertschöpfung zwar stabil bleibt, jedoch stagniert,...

Der Aufbau des Textes folgt dem Fragebogen der Monopolkommission vom 28.1.2025. Dieser ist gegliedert in die Abteilungen: I) Allgemeine Entwicklung der Wettbewerbsbedingungen II) DB InfraGO AG III) Entwicklungen der Trassenentgelte IV) Sonstiges Die 23 Fragen der Monopolkommission sind...

Zwischen 2018 und 2020 verstarben drei prägende Vertreter der Marburger Schule der Ordnungsökonomik$dUlrich Fehl, Hans-Günter Krüsselberg und Jochen Röpke. Zwar verfolgten die drei unterschiedliche Forschungsschwerpunkte, jedoch hatten sie auch eine Reihe von Gemeinsamkeiten. Insbesondere...

In unserem Beitrag setzen wir uns mit institutionellen Veränderungen im österreichischen Wissenschafts- und Universitätssystem unter dem Einfluss von New Public Management und Exzellenzpolitik auseinander. Wir nehmen besonders zwei Maßnahmen in Augenschein, die Metrisierung und...

Creativity and innovation are now being encouraged in businesses because of technopreneurship, especially as the Fourth Industrial Revolution (IR 4.0) picks up. In addition, the evolution brought by technology has influenced our everyday lives, jobs and communication, making it easier for...

This study investigates the impact of competition on credit risk in the Turkish banking system, focusing on Islamic (participation) and conventional banking under the same regulatory conditions regarding credit risk. The credit risk model is trained using CatBoost, extreme gradient boosting...