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On the FDI: attracting property of privatization
(2010)
In the present paper we provide an explanation of why privatization
may attract foreign investors willing to enter a regional
market. Privatization turns the formerly-public rm into a less aggressive
competitor since pro ...
Harmful competition in the insurance markets
(2010)
There is a general presumption that competition is a good
thing. In this paper we show that competition in the insurance
markets can be bad and that adverse selection is in general
worse under competition than under monopoly. ...