Competition is a contest between individuals, groups, nations, animals, etc. for territory, a niche, or a location of resources. It arises whenever two or more parties strive for a goal which cannot be shared. Competition occurs naturally Nature, in the broadest sense, is equivalent to the natural world, physical world, or material world. "Nature" refers to the phenomena of the physical world, and also to life in general. It ranges in scale from the subatomic to the cosmic between living organisms which co-exist in the same environment The natural environment, commonly referred to simply as the environment, encompasses all living and non-living things occurring naturally on Earth or some region thereof.[citation needed]. For example, animals compete over water supplies, food, and mates, etc. Humans compete for water, food, and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth Wealth is the abundance of valuable resources or material possessions or the control of such assets. The word wealth is derived from the old English wela, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources is known as wealthy, prestige, and fame Generally speaking, a celebrity is someone who gets media attention and shows an extroverted personality. There is a wide range of ways by which people may become celebrities: from their profession, appearances in the mass media, or even by complete accident or infamy. Instant celebrity is the term that is used when someone becomes a celebrity in. Business is often associated with competition as most companies are in competition with at least one other firm over the same group of customers.

Contents

Sizes and levels

Competition may also exist at different sizes; some competitions may be between two members of a species, while other competitions can involve entire species. In an example in economics Economics is the social science that is concerned with the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek οἰκονομία from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)". Current, a competition between two small stores would be considered small compared to competition between several mega-giants. As a result, the consequences of the competition would also vary- the larger the competition, the larger the effect.

In addition, the level of competition can also vary. At some levels, competition can be informal; more for pride and/or fun. However, other competitions can be extremely serious; for example, some human Humans are a species of animal known taxonomically as Homo sapiens , and are the only extant member of the Homo genus of bipedal primates in Hominidae, the great ape family. However, in some cases "human" is used to refer to any member of the genus Homo wars War is a behaviour pattern exhibited by many primate species including humans, and also found in many ant species. The primary feature of this behaviour pattern is a certain state of organized violent conflict that is engaged in between two or more separate social entities. Such a conflict is always an attempt at altering either the psychological have erupted because of the intense competition between two nations.

Destructive competition and co-operative competition

Destructive competition

Destructive competition seeks to benefit an individual As commonly used, an individual is a person or any specific object in a collection. In the 15th century and earlier, and also today within the fields of statistics and metaphysics, individual means "indivisible", typically describing any numerically singular thing, but sometimes meaning "a person." . From the seventeenth/group/organism In biology, an organism is any contiguous living system . In at least some form, all organisms are capable of response to stimuli, reproduction, growth and development, and maintenance of homoeostasis as a stable whole. An organism may either be unicellular (single-celled) or be composed of, as in humans, many trillions of cells grouped into by damaging and/or eliminating competing individuals, groups and/or organisms; it opposes the desire for mutual survival. It is “winner takes all”, the rationale being that the challenge is a zero-sum game In game theory and economic theory, zero-sum describes a situation in which a participant's gain or loss is exactly balanced by the losses or gains of the other participant. If the total gains of the participants are added up, and the total losses are subtracted, they will sum to zero. Zero-sum can be thought of more generally as constant sum; the success of one group is dependent on the failure of the other competing groups. Destructive competition tends to promote fear, a "strike-first" mentality and embraces certain forms of trespass Trespass to the person, historically involved six separate trespasses: threats, assault, battery, wounding, mayhem, and maiming. Through the evolution of the common law in various jurisdictions, and the codification of common law torts, most jurisdictions now broadly recognize three trespasses to the person: assault, which is "any act of such.[1]

Co-operative competition

Further information: coopetition Coopetition or Co-opetition is a neologism coined to describe cooperative competition. Co-opetition occurs when companies work together for parts of their business where they do not believe they have competitive advantage, and where they believe they can share common costs. For instance, the cooperation between Peugeot and Toyota on shared

Co-operative competition is based upon promoting mutual survival - “everyone wins”. Adam Smith Adam Smith was a Scottish moral philosopher and a pioneer of political economics. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and’s “invisible hand In economics, the invisible hand, also known as the invisible hand of the market, the term economists use to describe the self-regulating nature of the marketplace, is a metaphor first coined by the economist Adam Smith in The Theory of Moral Sentiments. For Smith, the invisible hand was created by the conjunction of the forces of self-interest,” is a process where individuals compete to improve their level of happiness but compete in a cooperative manner through peaceful exchange and without violating other people. Cooperative competition focuses individuals/groups/organisms In biology, an organism is any contiguous living system . In at least some form, all organisms are capable of response to stimuli, reproduction, growth and development, and maintenance of homoeostasis as a stable whole. An organism may either be unicellular (single-celled) or be composed of, as in humans, many trillions of cells grouped into against the environment.[1]

Consequences

Competition can have both beneficial and detrimental effects. Many evolutionary biologists view inter-species and intra-species competition as the driving force of adaptation Adaptation is the evolutionary process whereby a population becomes better suited to its habitat. This process takes place over many generations, and is one of the basic phenomena of biology, and ultimately of evolution Evolution is the change in the inherited traits of a population of organisms through successive generations. After a population splits into smaller groups, these groups evolve independently and may eventually diversify into new species. Ultimately, life is descended from a common ancestory through a long series of these speciation events,. However, some biologists, most famously Richard Dawkins Clinton Richard Dawkins, FRS, FRSL is a British ethologist, evolutionary biologist and popular science author. He was formerly Professor for Public Understanding of Science at Oxford and was a fellow of New College, Oxford, prefer to think of evolution in terms of competition between single genes, which have the welfare of the organism 'in mind' only insofar as that welfare furthers their own selfish drives for replication. Some social Darwinists Social Darwinism is a pejorative term used in criticism of ideologies or ideas concerning their exploitation of concepts in biology and social sciences to artificially create political change that reduces the fertility of certain individuals, races, and subcultures having certain "undesired" qualities. It has very rarely been used as a claim that competition also serves as a mechanism for determining the best-suited group; politically, economically and ecologically.

On the negative side, competition can cause injury to the organisms involved, and drain valuable resources and energy. Human competition can be expensive, as is the case with political elections, international sports competitions, advertising wars and arms races The term arms race, in its original usage, describes a competition between two or more parties for real or apparent military supremacy. Each party competes to produce larger numbers of weapons, greater armies, or superior military technology in a technological escalation. Nowadays the term is commonly used to describe any competition where there. It can lead to the compromising of ethical standards in order to gain an advantage: for example, several athletes have been caught using banned steroids in professional sports in order to boost their own chances of success or victory. It can also be harmful for the participants, such as athletes who injure themselves when pushing their body past its natural limits, or companies which pursue unprofitable paths while engaging in competitive rivalries.[citation needed] And in the case of an arms race, it can possibly lead to mutually assured destruction Mutual assured destruction is a doctrine of military strategy and national security policy in which a full-scale use of nuclear weapons by two opposing sides would effectively result in the destruction of both the attacker and the defender. It is based on the theory of deterrence according to which the deployment of strong weapons is essential to.

Economics and business

Main article: Competition (economics) Competition in economics is a term that encompasses the notion of individuals and firms striving for a greater share of a market to sell or buy goods and services. Merriam-Webster defines competition in business as "the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable

Merriam-Webster defines competition in business as "the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms".[2]. It was described by Adam Smith Adam Smith was a Scottish moral philosopher and a pioneer of political economics. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and in The Wealth of Nations An Inquiry into the Nature and Causes of the Wealth of Nations is the masterpiece of the Scottish economist and moral philosopher Adam Smith. It was first published in 1776. It is an account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written for the generally educated individual of the 18th century - (1776) and later economists as allocating productive resources A resource is any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit from it. In most cases, commercial or even ethic factors require resource allocation through resource management to their most highly-valued uses.[2] and encouraging efficiency In economics, technical-efficiency is the effectiveness with which a given set of inputs is used to produce an output. If a firm is producing the maximum output it can, given the resources it employs, such as labor and machinery, and the best technology available, it is said to be technically-efficient. X-inefficiency occurs when technical-. Later microeconomics theory distinguished between perfect competition In economics, perfect competition occurs in markets in which no participant has market power. Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets. Nonetheless, the concept of perfect competition can serve as a useful benchmark against which to measure real life, imperfectly competitive and imperfect competition In economic theory, imperfect competition is the competitive situation in any market where the conditions necessary for perfect competition are not satisfied. It is a market structure that does not meet the conditions of perfect competition, concluding that with the no system of resource allocation is more efficient than perfect competition In economics, perfect competition occurs in markets in which no participant has market power. Because the conditions for perfect competition are strict, there are few if any perfectly competitive markets. Nonetheless, the concept of perfect competition can serve as a useful benchmark against which to measure real life, imperfectly competitive. Competition, according to the theory, causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater selection typically causes lower prices for the products, compared to what the price would be if there was no competition (monopoly In economics, a monopoly (from Greek monos / μονος + polein / πωλειν (to sell)) exists when a specific individual or an enterprise has sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it. (This is in contrast to a monopsony which relates to a) or little competition (oligopoly In Economics, an oligopoly is a market form in which a market or industry is dominated by a small number of sellers . The word is derived, by analogy with "monopoly", from the Greek ὀλίγοι (oligoi) "few" + πωλειν (polein) "to sell". Because there are few sellers, each oligopolist is likely to be aware of).

However, competition may also lead to wasted (duplicated) effort and to increased costs In business, retail, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In economics, a cost is an alternative that is given up as a result of a decision. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is (and prices) in some circumstances. For example, the intense competition for the small number of top jobs in music and movie acting Superstar is a term used to refer to a celebrity who has great popular appeal and is widely-known, prominent or successful in some field. Celebrities referred to as "superstars" may include individuals who work as actors, actresses, musicians, athletes, and other media-based professions leads many aspiring musicians and actors to make substantial investments in training which are not recouped, because only a fraction become successful.

Three levels of economic competition have been classified:

In addition, companies also compete for financing Finance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money, and risk and how they are interrelated. It also deals with how money is spent and budgeted on the capital markets (equity or debt) in order to generate the necessary cash for their operations. An investor The term has taken on a specific meaning in finance to describe the particular types of people and companies that regularly purchase equity or debt securities for financial gain in exchange for funding an expanding company. Less frequently, the term is applied to parties who purchase real estate, currency, commodity derivatives, personal property typically will consider alternative investment opportunities given his risk profile and not only look at companies just competing on product (direct competitors). Enlarging the investment universe to include indirect competitors leads to a broader peer universe of comparable, indirectly competing companies.

Competition does not necessarily have to be between companies. For example, business writers sometimes refer to internal competition. This is competition within companies. The idea was first introduced by Alfred Sloan Alfred Pritchard Sloan, Jr. was a long-time president and chairman of General Motors at General Motors General Motors Company, also known as GM, is a United States-based automaker with headquarters in Detroit, Michigan. GM manufactures cars and trucks in 34 countries, recently employed 244,500 people around the world, and sells and services vehicles in some 140 countries. By sales, GM ranked as the largest US automaker and the world's second in the 1920s. Sloan deliberately created areas of overlap between divisions of the company so that each division would be competing with the other divisions. For example, the Chevy Chevrolet (also known as Chevy /ˈʃɛvi/) is a brand of automobile produced by General Motors Company (GM). Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 8, 1911, Chevrolet was acquired by General Motors in 1917. Chevrolet was positioned by Alfred Sloan to sell a lineup of mainstream vehicles to directly compete division would compete with the Pontiac Pontiac was a brand of automobile first produced in 1907 as Oakland Motor Company, and in 1926 was renamed to "Pontiac Motor Co." Pontiac was sold in the United States, Canada, and Mexico by General Motors . Pontiac has been marketed as the performance division of General Motors for many years, specializing in mainstream performance division for some market segments Market segmentation is a concept in economics and marketing. A market segment is a sub-set of a market made up of people or organizations sharing one or more characteristics that cause them to demand similar product and/or services based on qualities of those products such as price or function. A true market segment meets all of the following. Also, in 1931, Procter & Gamble Procter & Gamble Co. is a Fortune 500 American multinational corporation headquartered in Cincinnati, Ohio. that manufactures a wide range of consumer goods. As of 2008, P&G is the 8th largest corporation in the world by market capitalization and 14th largest US company by profit. In early 2010, P&G reached 4th largest corporation in initiated a deliberate system of internal brand-versus-brand rivalry. The company was organized around different brands A brand is the identity of a specific product, service, or business[page needed]. A brand can take many forms, including a name, sign, symbol, color combination or slogan. The word brand began simply as a way to tell one person's cattle from another by means of a hot iron stamp. A legally protected brand name is called a trademark. The word brand, with each brand allocated resources, including a dedicated group of employees willing to champion the brand. Each brand manager was given responsibility for the success or failure of the brand, and compensated accordingly. This is known as intra-brand competition.

Finally, most businesses also encourage competition between individual employees. An example of this is a contest between sales representatives. The sales representative with the highest sales (or the best improvement in sales) over a period of time would gain benefits from the employer.

It should also be noted that business and economic competition in most countries A country is a geographical region considered to be the physical territory of a sovereign state, or to a smaller, or former, political division within a geographical region. Usually, but not always, a country coincides with a sovereign territory and is associated with a state, nation or government is often limited or restricted. Competition often is subject to legal restrictions. For example, competition may be legally prohibited, as in the case with a government monopoly In economics, a gov. monopoly is a form of coercive monopoly in which a government agency is the sole provider of a particular good or service and competition is prohibited by law. It is a monopoly created by the government. It is usually distinguished from a government-granted monopoly, where the government grants a monopoly to a private or a government-granted monopoly In economics, a government-granted monopoly is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. As a form of coercive. Tariffs A tariff is a tax levied on imports or exports, subsidies A subsidy is a form of financial assistance paid to a business or economic sector. Most subsidies are made by the government to producers or distributors in an industry to prevent the decline of that industry (e.g., as a result of continuous unprofitable operations) or an increase in the prices of its products or simply to encourage it to hire or other protectionist measures may also be instituted by government in order to prevent or reduce competition. Depending on the respective economic policy, pure competition is to a greater or lesser extent regulated by competition policy and competition law.

Competition between countries is quite subtle to detect, but is quite evident in the World economy. Countries compete to provide the best possible business environment for multinational corporations. Such competition is evident by the policies undertaken by these countries to educate the future workforce. For example, East Asian economies such as Singapore, Japan and South Korea tend to emphasize education by allocating a large portion of the budget to this sector, and by implementing programmes such as gifted education. (See separate sub-markets principle).

Law

Main article: Competition law The Department of Justice building in Washington, D.C. is home to the influential antitrust enforcers of U.S. competition laws

Competition law, known in the United States as antitrust law, has three main functions. Firstly, it prohibits agreements aimed to restrict free trading between business entities and their customers. For example, a cartel of sports shops who together fix football jersey prices higher than normal is illegal.[3] Secondly, competition law can ban the existence or abusive behaviour of a firm dominating the market. One case in point could be a software company who through its monopoly on computer platforms makes consumers use its media player.[4] Thirdly, to preserve competitive markets, the law supervises the mergers and acquisitions of very large corporations. Competition authorities could for instance require that a large packaging company give plastic bottle licenses to competitors before taking over a major PET producer.[5] In this case (as in all three), competition law aims to protect the welfare of consumers by ensuring business must compete for its share of the market economy.

In recent decades, competition law has also been sold as good medicine to provide better public services, traditionally funded by tax payers and administered by democratically accountable governments. Hence competition law is closely connected with the law on deregulation of access to markets, providing state aids and subsidies, the privatisation of state-owned assets and the use of independent sector regulators, such as the United Kingdom telecommunications watchdog Ofcom. Behind the practice lies the theory, which over the last fifty years has been dominated by neo-classical economics. Markets are seen as the most efficient method of allocating resources, although sometimes they fail, and regulation becomes necessary to protect the ideal market model. Behind the theory lies the history, reaching back further than the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny and sometimes severe sanctions. Since the twentieth century, competition law has become global. The two largest, most organised and influential systems of competition regulation are United States antitrust law and European Community competition law. The respective national authorities, the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) in the United States and the European Commission's Competition Directorate General (DGCOMP) have formed international support and enforcement networks. Competition law is growing in importance every day, which warrants for its careful study.

Politics

A political debate between Gerald Ford and Jimmy Carter

Competition is also found in politics. In democracies, an election is a competition for an elected office. In other words, two or more candidates strive and compete against one another to attain a position of power. The winner gains the seat of the elected office for a predefined period of time, towards the end of which another election is usually held to determine the next holder of the office.

In addition, there is inevitable competition inside a government. Because several offices are appointed, potential candidates compete against the others in order to gain the particular office. Departments may also compete for a limited amount of resources, such as for funding. Finally, where there are party systems, elected leaders of different parties will ultimately compete against the other parties for laws, funding and power.

Finally, competition also exists between governments. Each country or nationality struggles for world dominance, power, or military strength. For example, the United States competed against the Soviet Union in the Cold War for world power, and the two also struggled over the different types of government (in these cases representative democracy and communism). The result of this type of competition often leads to worldwide tensions, and may sometimes erupt into warfare.

Sports

Main article: Sport The USOC's headquarters in Colorado Springs, Colorado. The Olympic Games are regarded as the international pinnacle of sports competition.

While some sports (such as fishing or hiking) have been viewed as primarily recreational, most sports are considered competitive. The majority involve competition between two or more persons (sometimes using horses or cars). For example, in a game of basketball, two teams compete against one another to determine who can score the most points. While there is no set reward for the winning team, many players gain an internal sense of pride. In addition, extrinsic rewards may also be given. Athletes, besides competing against other humans, also compete against nature in sports such as whitewater kayaking or mountaineering, where the goal is to reach a destination, with only natural barriers impeding the process. A regularly scheduled (for instance annual) competition meant to determine the "best" competitor of that cycle is called a championship.

Baseball is a competitive sport.

While professional sports have been usually viewed as intense and extremely competitive, recreational sports, which are often less intense, are often considered a healthy option for the release of competitive urges in humans. Sport provides a relatively safe venue for converting unbridled competition into harmless competition, because sports competition is restrained. Competitive sports are governed by codified rules agreed upon by the participants. Violating these rules is considered to be unfair competition. Thus, sports provide artificial (not natural) competition; for example, competing for control of a ball, or defending territory on a playing field is not an innate biological factor in humans. Athletes in sports such as gymnastics and competitive diving compete against each other in order to come closest to a conceptual ideal of a perfect performance, which incorporates measurable criteria and standards which are translated into numerical ratings and scores by appointed judges.

Sports competition is generally broken down into three categories: individual sports, such as archery; dual sports, such as doubles tennis, and team sports competition, such as cricket or football. While most sports competitions are recreation, there exist several major and minor professional sports leagues throughout the world. The Olympic Games, held every four years, is usually regarded as the international pinnacle of sports competition.

Education

Competition is a major factor in education. On a global scale, national education systems, intending to bring out the best in the next generation, encourage competitiveness among students through scholarships. Countries such as England and Singapore have special education programmes which cater for specialist students, prompting charges of academic elitism. Upon receipt of their academic results, students tend to compare their grades to see who is better. In severe cases, the pressure to perform in some countries is so high that it can result in stigmatization of intellectually deficient students, or even suicide as a consequence of failing the exams; Japan being a prime example (see Education in Japan). This has resulted in critical re-evaluation of examinations as a whole by educationalists[citation needed]. Critics of competition (as opposed to excellence) as a motivating factor in education systems, such as Alfie Kohn, assert that competition actually has a net negative influence on the achievement levels of students, and that it "turns all of us into losers" (Kohn 1986).

Competitions also make up a large proponent of extracurricular activities in which students participate. Such competitions include TVO's broadcast Reach for the Top competition, FIRST Robotics, Duke Annual Robo-Climb Competition (DARC) and the University of Toronto Space Design Contest. In Texas, the University Interscholastic League (UIL) has 22 High School-level contests and 18 elementary and Junior High in subjects ranging from accounting to science to ready writing.

Literature

Literary competitions, such as contests sponsored by literary journals, publishing houses and theaters, have increasingly become a means for aspiring writers to gain recognition. Prestigious awards for fiction include those sponsored by the Missouri Review, Boston Review, Indiana Review, North American Review and Southwest Review. The Albee Award, sponsored by the Yale Drama Series, is among the most prestigious playwriting awards. Some American writers, such as Gina Ochsner and Jacob Appel, have gained prominence specifically for their active participation in numerous literary competitions.[6]

Charging fees for literary competitions is extremely controversial. Some writers view fees as a form of exploitation that takes advantage of aspiring authors and playwrights. However, fee-based contests also have strong supporters who argue that these competitions offer rare opportunities for young writers to have their voices heard at a time when access to major agents and editors has grown increasingly limited.[7]

Biology and ecology

Main article: Competition (biology)

Competition within and between species is an important topic in biology, specifically in the field of ecology. Competition between members of a species ("intraspecific") is the driving force behind evolution and natural selection; the competition for resources such as food, water, territory, and sunlight results in the ultimate survival and dominance of the variant of the species best suited for survival. Competition is also present between species ("interspecific"). A limited amount of resources are available, and several species may depend on these resources. Thus, each of the species competes with the others to gain access to the resources. As a result, species less suited to compete for the resources must either adapt or die out. According to evolutionary theory, this competition within and between species for resources plays a critical role in natural selection. For example, a smaller tree will receive less sunlight than an adjacent tree which is larger than it in a rainforest. The larger tree is competing with the smaller one for the same sunlight.

The study of competition

Competition has been studied in several fields, including psychology, sociology and anthropology. Social psychologists, for instance, study the nature of competition. They investigate the natural urge of competition and its circumstances. They also study group dynamics, to detect how competition emerges and what its effects are. Sociologists, meanwhile, study the effects of competition on society as a whole. In addition, anthropologists study the history and prehistory of competition in various cultures. They also investigate how competition manifested itself in various cultural settings in the past, and how competition has developed over time.

Competitiveness

Main article: Competitiveness

Many philosophers and psychologists have identified a trait in most living organisms which can drive the particular organism to compete. This trait, unsurprisingly called competitiveness, is viewed as an innate biological trait which coexists along with the urge for survival. Competitiveness, or the inclination to compete, though, has become synonymous with aggressiveness and ambition in the English language. More advanced civilizations integrate aggressiveness and competitiveness into their interactions, as a way to distribute resources and adapt. Most plants compete for higher spots on trees to receive more sunlight.

However, Stephen Jay Gould and others have argued that as one ascends the evolutionary hierarchy, competitiveness (the survival instinct) becomes less innate, and more a learned behavior. The same could be said for co-operation: in humans, at least, both co-operation and competition are considered learned behaviors, because the human species learns to adapt to environmental pressures. Consequently, if survival requires competitive behaviors, the individual will compete, and if survival requires co-operative behaviors, the individual will co-operate. In the case of humans, therefore, aggressiveness may be an innate characteristic, but a person need not be competitive at the same time, for instance when scaling a cliff. On the other hand, humans seem also to have a nurturing instinct, to protect newborns and the weak. While that does not necessitate co-operative behavior, it does help.

The term also applies to econometrics. Here, it is a comparative measure of the ability and performance of a firm or sub-sector to sell and produce/supply goods and/or services in a given market. The two academic bodies of thought on the assessment of competitiveness are the Structure Conduct Performance Paradigm and the more contemporary New Empirical Industrial Organisation model. Predicting changes in the competitiveness of business sectors is becoming an integral and explicit step in public policymaking. Within capitalist economic systems, the drive of enterprises is to maintain and improve their own competitiveness.

Hypercompetitiveness

The tendency toward extreme, unhealthy competition has been termed hypercompetitiveness. This concept originated in Karen Horney's theories on neurosis; specifically, the highly aggressive personality type which is characterized as "moving against people". In her view, some people have a need to compete and win at all costs as a means of maintaining their self-worth. These individuals are likely to turn any activity into a competition, and they will feel threatened if they find themselves losing. Researchers have found that men and women who score high on the trait of hypercompetitiveness are more narcissistic and less psychologically healthy than those who score low on the trait [8]. Hypercompetitive individuals generally believe that "winning isn't everything; it's the only thing".

Power and Competition

Power and competition often conflict with each other. Lord Acton said that power corrupts an individual, so absolute power corrupts absolutely. Competition is seeking for first place or the top and when you get the top then you have a degree of power.[9]

See also

Look up competition or competitor in Wiktionary, the free dictionary.
Wikiquote has a collection of quotations related to: Competition

References

  1. ^ a b To Alter Or To Abolish
  2. ^ George J. Stigler ([1987] 2008). "competition," The New Palgrave Dictionary of Economics. Abstract.
  3. ^ JJB Sports v OFT [2004] CAT 17
  4. ^ in the E.U. side of the saga, see Case T-201/04 Microsoft v. Commission Order, 22 December 2004
  5. ^ Case C-12/03 P, Commission v. Tetra Laval
  6. ^ Bug Off, June 16, 2009
  7. ^ Appel, Jacob. The Case for Contests Poets & Writers, Jan/Feb 2009.
  8. ^ Ryckman, R. M., Thornton, B., Butler, J. C. (1994). Personality correlates of the hypercompetitive attitude scale: Validity tests of Horney's theory of neurosis. Journal of Personality Assessment, 62, 84-94. [1]
  9. ^ Schmookler, Andrew B. "Power and Corruption: Just What Is Their Relationship?" OpEdNews.com. 11 Dec. 2007. Web. 14 Dec. 2009. Opednews.com.

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Experience helps 4-H'er win events during horse competition - Fremont Tribune
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Fremont Tribune In the halter competition , it's about showing the horse's structure. While he still had riding competition to do Tuesday afternoon, Jordan said it was the ...
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Who did the Irish people in the North during the Civil War feel competition for their jobs against?
Q. I know that the Draft Riots during the Civil war were because the Irish in the North did not approve of the draft and they didn't want to fight a rich man's war. They also feared competition. Was this competition that they feared, competition for their jobs against freed slaves?
Asked by allez les bleus - Thu Jan 3 17:16:04 2008 - - 2 Answers - 0 Comments

A. Of course, a significant part of the Union Army was composed of Irishmen, including many recent arrivals, so those you are speaking of are those who did not care to enlist. You have it almost exactly right. Irishmen and Negroes were competing for the same low-paid jobs. Except that the Irish were all recent immigrants, while the Negroes in New York mostly came from free families.
Answered by obelix - Thu Jan 3 19:43:56 2008

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