Managing competition in professional services and the burden of inertia
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- dc.contributor.author Arruñada, Benitoca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T10:47:22Z
- dc.date.available 2017-07-26T10:47:22Z
- dc.date.issued 2005-05-01
- dc.date.modified 2017-07-23T02:09:10Z
- dc.description.abstract Professional services require certain organizational patterns in order to avoid information asymmetries and external effects. These same patterns are used within production structures involving various degrees of monopoly. However, competitive restraints are justified today only when substantial external effects are clearly present, whereas information asymmetries hardly justify such restraints because reputational investments have become widespread in the economy and are relatively efficient in overcoming such asymmetries. As a consequence, innovation in the production of externalities can make competitive constraints unnecessary.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=827
- dc.identifier.citation Claus-Dieter Ehlermann e Isabela Atanasiu, eds., European Competition Law Annual 2004: The Relationship between Competition Law and the (Liberal) Professions, Hart Publishing, Oxford and Portland Oregon, 2006, pp. 51-71
- dc.identifier.uri http://hdl.handle.net/10230/545
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 827
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword professions
- dc.subject.keyword competition
- dc.subject.keyword lawyers
- dc.subject.keyword notaries
- dc.subject.keyword pharmacists
- dc.subject.keyword Management and Organization Studies
- dc.title Managing competition in professional services and the burden of inertiaca
- dc.type info:eu-repo/semantics/workingPaper