Does Competition Always Reduce Price Dispersion? New Analysis on Different Forces of Competition in the U.S. Airline IndustryThe paper investigates the relationship between competition and price disper- sion in the U.S. domestic airline industry by considering whether or not major airlines compete ...
Production–Living–Ecological Space (PLES) is the functional projection of sustainable development in territory spatial planning. Its rational layout has become the most important task for developing countries to enhance ecological awareness and achieve
[105,106]. Over the past three years, many small molecules have been suggested to prevent SARS-CoV-2 infection or relieve the associated complications. Some of these drugs, such as chloroquine, were previously FDA-approved to treat several viral or nonviral-related human illnesses, and they ...
The overall competition effect on innovation is a composition of these two forces: the escape competition effect and the Schumpeterian effect. Let us denote the steady-state probability of being in an unleveled sector as 𝜇1μ1 (and by 𝜇0μ0 of being in a leveled sector). The steady-...