Review of Industrial Organization 19: 37–48‚ 2001. © 2001 Kluwer Academic Publishers. Printed in the Netherlands. 37 Is Competition Such a Good Thing? Static Efficiency versus Dynamic Efficiency MARK BLAUG University of Amsterdam‚ Amsterdam‚ The Netherlands Abstract. This paper addresses the rationale for antitrust legislation. It is a striking fact that the legitimacy of antitrust law has been taken for granted in the United States ever since the Sherman Act of 1890 and‚ until the advent
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Is Competition Good? What is competition? Competitions occur when a group of people are fighting for the same goal‚ or shared resources which in short supplies. Besides that‚ there are two types of competition‚ which is intra-specific competition and inter- specific competition. Intra-specific competition defined as the struggle between members of population for certain sources. In another way‚ intra-specific competition is competition within two or more with the same species. Examples of intra-specific
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Is competition good? Competition is a part of living in a free market society‚ and it is‚ in general‚ a good thing. Competition as we know is the act of competing between two or more people. Both parties fight to strive their goal that cannot be shared between one another. However‚ it will teach people how to win and lose respectfully without taking it too hard. In my opinion‚ competition is a beneficial thing in many aspects of our life. It builds up our self confidence‚ motivates us
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Competition for Children Growing Up Competition is something that drives a person to do better at something. Today competition is being taking away from kids who are growing up at the ages of five and up. In schools gym classes are turning into an “everyone wins” ordeal‚ instead of a basis of competition for a child growing up. In little leagues every player is starting to get trophies‚ instead of just the winning team. Sports are a big thing in America‚ as many young kids who are growing up get
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Competition is known as the act of competing. It is now a common issue that has been evolving in our society in the 21st century. Competition happens everywhere at anytime. It will arise whenever two or more parties fight to strive for a goal that cannot be shared between one another. This particular goal includes basically everything on earth‚ for instance‚ money‚ land‚ power‚ and the list goes on. In my opinion‚ competition is certainly beneficial for everyone as it builds up our self-esteem and
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YONG CHIEN CHOONG WRITING ASSIGNMENT 2 Physical punishment is normally used by parents specifically use on pre-school child. This is due to the reason that this way is quicker to discipline their children. Although there has been several discussions and debates focused on the effectiveness of spanking‚ parent still use such approach in disciplining their children. The spanking usually occurs when the children are already four years old. The study also shows that corporal punishment is more general
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Competition is something that everyone has in his or her life. When you are young and still studying in school‚ you would compete with your classmates for better grades‚ when you get older and go to work‚ you would compete with your colleagues so as to please the boss more with your work and get a promotion to a higher position with better salary. Companies compete with each other to get more customers and slowly expand their business. Countries compete with each other for a better economy. Even
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A continuing concern within physical education is the proper role and level of competition. Many of the abuses associated with organized sport are assumed to be the result of an overemphasis on competition‚ of a win-at-all -costs perspective. It is not uncommon for physical educators to advocate reducing competition‚ to replace competitive activities with cooperative activities‚ and to modify competitive activities in ways that reduce competitiveness. In its most extreme form‚ this kind of
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established this way I chose to keep his sections’ names to avoid citing him and therefor duplicating Your mnemonic load. ’It drives down prices’ As a matter of fact‚ the low quality and the lack of interoperability are not directly the costs of competition. Both factors are just the offsprings of commercial nature of vendors: as vendor has to sell his devices to keep himself living‚ he has to artificially lower their product’s quality just to keep selling them. Obviously the only reason of existence
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Yes‚ it is to a certain extent. Competition is good for us as it challenges each individual. Without competition‚ there would be no standards and we would not know how to improve on areas we lack. In addition‚ we may not know where we stand‚ be it mentally‚ physically and academically. Different kinds of competition challenge us in different aspects and helps us to progress and move with times. For example‚ a sports competition may challenge us mentally and physically. Reason being‚ a sport involves
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