Discover 11 opportunities in competition

Competition is one of the foundational concepts in economics. We’re taught in intro courses that competition lowers prices, because it allows markets to allocate resources efficiently. This is an example of Adam Smith’s “invisible hand” in action, a cornerstone of economic theory.But does competition always lower prices? The answer is, yes, sort of — it just depends on the degree of competition.Since that answer probably doesn’t satisfy anybody, let’s dig deeper.

INOMICS supports students and researchers in attending conferences with a €500 grant

INOMICS supports students and researchers in attending conferences with a €500 grant

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics.  

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics  

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics.  

INOMICS supports young students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics  

INOMICS supports students and researchers in attending conferences with a €500 grant Hear their perspectives on attending conferences and what advice they have to give other academics.