Sentence examples for competition assumption from inspiring English sources
Although this paper is primarily a theoretical contribution, we provide empirical support for our single-contract competition assumption.
Due to the perfect competition assumption, at equilibrium both types of insurer contract, i.e. nonintegrated health insurers and HMOs contracts, are charged at their respective marginal costs.
Therefore, ( hat{lambda } ) is strictly increasing with respect to μ, ∀μ > μ*, such that the stochastic version of the perfect competition assumption is verified.
The firm, modeled as an M/M/1 queue, is assumed to be a full price taker as a result of the stochastic version of the perfect competition assumption.
4 This perfect competition assumption among HMOs makes sense since HMOs are identical from an ex ante perspective, even though from an ex post perspective HMOs are differentiated due to the providers' differentiation.
The stochastic version of the perfect competition assumption would be the following: firms are takers of the expected full price such that they can sell any level of output at the expected full price of the market.
6 The speculator is not a monopolist with the market power to dictate the price over the marginal cost; it is rather a marginal producer under competition as regards Assumption 5.
To verify this assumption, competition assays were performed using immobilized HcpA and increasing amounts of PLG or CFH (up to 100 µg/ml) in combination with constant amounts of CFH (2 µg/ml) or PLG (10 µg/ml), respectively.
A major goal of the Health and Social Care Act 2012 was to introduce multiple types of external providers to increase competition with the assumption that this leads to improved quality of commissioning.
In the context of selection based on good-genes, sperm competitive ability is defined as the investment in traits that influence a male's ability to win fertilizations in conditions of sperm competition, under the assumption that males of higher genetic quality can allocate more resources to traits involved in sperm competition [ 9].
Professor Jem Bendell of the Institute for Leadership and Sustainability at the University of Cumbria Business School explains: "Whether in sport, war or market competition, knowing the assumptions and routines of an opponent can be as important as your own capabilities.
