Different approaches to measure the hospital competition index might lead to inconsistent results of the effects of hospital competition on innovation adoption. The purpose of this study is to adopt a different approach to define market area and measure the level of competition to examine whether hospital competition has a positive effect on hospital behavior, taking quality indicator projects ...

Japan is one of the largest importers of wheat in the world, with imports originating from three countries, Australia, Canada, and the United States. Australia, Canada, and Japan all use a government single-desk agency to control wheat trade. Many previous studies on competition in the world grain trade have argued the market is imperfectly competitive, and they often point to the Japanese mark...

We introduce the Special Issue of on Market Competition and the CAT Market

Setting u n+1 = 1, from Figure 2, we can find the market coverage of θ j , j = 1, 2, …, n, as x j = u j+1 – u j , which can be summed over j to obtain u i = 1 – G n j =i x j. Substituting this into (2) for i = 1 and noting that p 0 = θ 0 = 0, we find (A1) p G u G x j j n 1 11 1 1 1 = = −       =  θ θ We will now prove the lemma by induction. It is clear that (3) reduces to (A1) for i = 1...

Restructuring in the power industry is followed by splitting different parts and creating a competition between purchasing and selling sections. As a consequence, through an active participation in the energy market, the service provider companies and large consumers create a context for overcoming the problems resulted from lack of demand side participation in the market. The most prominent ch...

Economic (business) cycles are some of the most noted features of market economies, also ranked among the most serious of economic problems. Despite long historical persistence, the nature and the origin of business cycles remain controversial. In this paper we investigate the problem of the nature of business cycles from the positions of the market systems viewed as complex systems of many int...

Competition is a crucial factor in driving economic growth. First, it places pressure on firms to increase their efficiency. Second, it ensures that more productive firms increase their market share at the expense of the less productive. These lower productivity firms may then exit the market, to be replaced by higher productivity firms. Third, in the presence of competition, firms will aim to ...

This paper describes and elaborates a quasi-market framework to integrate the diverse perspectives on local government development competition found in the economic development literatures. Within this framework local governments seek to obtain positive externalities associated with economic growth through provision of services and inducements to private firms in exchange for commitments of emp...

A key question for Internet commerce is the nature of competition with traditional brick-and-mortar retailers. Although traditional retailers vastly outsell Internet retailers in most product categories, research on Internet retailing has almost entirely neglected this fundamental dimension of competition. How and where can Internet retailers win this battle? This paper attempts to answer these...