The competition between legal and illegal firms in the market: Theoretical models and empirical evidence

The main aim of this paper is to study the phenomenon of the coexistence of firms with illegal characteristics and firms showing legal behaviour in developed economies by using an evolutionary competition model known as the Lotka-Volterra equations. Enterprises in a ‘legal system’ obey the extant la...

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Bibliographic Details
Main Authors: Domenico Marino, Francesco Timpano, Jaime Gil Lafuente
Format: Article
Language:Spanish
Published: Elsevier 2023-09-01
Series:European Research on Management and Business Economics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2444883423000153