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Instead, the degree of contestability can be observed within markets. [ example needed ] The more contestable a market is, the closer it will be to a perfectly contestable market. Some economists argue that determining price and output is actually dependent not on the type of market structure (whether it is a monopoly or perfectly competitive ...
Barry Clarke suggested that, in order to determine whether a particular dispute was a consequence of true polysemy or inadvertent homonymy, one should seek to "locate the source of the dispute"; and in doing so, one might find that the source was "within the concept itself", or "[within] some underlying non-conceptual disagreement between the contestants".
For example: Traditional life insurance: ... Contestability in the first couple years of a new life insurance policy is not unlike a probationary period. During the contestability period, ...
Examples of government failure include regulatory capture and regulatory arbitrage. Government failure may arise because of unanticipated consequences of a government intervention, or because an inefficient outcome is more politically feasible than a Pareto improvement to it. Government failure can be on both the demand side and the supply side.
Examples of legislation enshrining competition principles include the constitutiones juris metallici by Wenceslaus II of Bohemia between 1283 and 1305, condemning combination of ore traders increasing prices; the Municipal Statutes of Florence in 1322 and 1325 followed Zeno's legislation against state monopolies; and under Emperor Charles V in ...
Gen Z is breaking the traditional rules and conduct baby boomers have set in place for the workplace over decades. The young professionals are more comfortable with “cheating” on the job ...
For example, a person sitting at the front desk of a visitor center may also be responsible for maintaining restrooms. The lack of staffing is not new; it was also a problem in the 1980s and 1990s ...
Agonism is based on contestation, but in a political space where the discourse is one of respect, rather than violence. Unlike toleration, agonistic respect actively engages adversaries in political contests over meaning and power. Unlike antagonism, it shows respect by admitting the ultimate contestability of even one's own deepest held ...