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Legal Principles in Antitrust Enforcement
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Instituut - 2013
challenge for optimal antitrust enforcement. We integrate the mentioned legal principles into an infinitely-repeated oligopoly …
Persistent link: https://www.econbiz.de/10011255939
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Market power in water markets
Ansink, Erik; Houba, Harold - In: Journal of Environmental Economics and Management 64 (2012) 2, pp. 237-252
. Although the monopoly case is similar to standard economic theory, three other specific water market structures illustrate that …
Persistent link: https://www.econbiz.de/10010594341
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Competitive prices as optimal cartel prices
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - In: Economics Letters 114 (2012) 1, pp. 39-42
In a linear oligopoly model with antitrust enforcement, the optimal cartel price converges to the competitive …
Persistent link: https://www.econbiz.de/10010597211
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Competitive Prices as Profit-Maximizing Cartel Prices
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Institute - 2010
Even under antitrust enforcement, firms may still form a cartel in an infinitely-repeated oligopoly model when the … discount factor is sufficiently close to one. We present a linear oligopoly model where the profit-maximizing cartel price …
Persistent link: https://www.econbiz.de/10008838625
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Market Power in Water Markets
Ansink, Erik; Houba, Harold - Tinbergen Institute - 2010
Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints. Conditions for uniqueness are identified. Lerner indices are larger under binding resource...
Persistent link: https://www.econbiz.de/10008838627
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Market Power in Water Markets
Ansink, Erik; Houba, Harold - Tinbergen Instituut - 2010
This discussion paper led to a publication in <A href="http://www.sciencedirect.com/science/article/pii/S0095069611001380">'Journal of Environmental Economics and Management'</A>.<p>Water markets with market power are analysed as multi-market Cournot competition in which the river structure constrains access to local markets and limited resources impose capacity constraints....</p></a>
Persistent link: https://www.econbiz.de/10011256518
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Antitrust Enforcement and Marginal Deterrence
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Instituut - 2011
-repeated oligopoly model. Bankruptcy considerations ensure abnormal cartel profits. We derive the optimal fine schedule that achieves …
Persistent link: https://www.econbiz.de/10011256547
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Competitive Prices as Profit-Maximizing Cartel Prices
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - Tinbergen Instituut - 2010
enforcement, firms may still form a cartel in an infinitely-repeated oligopoly model when the discount factor is sufficiently … close to one. We present a linear oligopoly model where the profit-maximizing cartel price converges to the competitive …
Persistent link: https://www.econbiz.de/10011257337
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Computing Alternating Offers and Water Prices in Bilateral River Basin Management
Houba, Harold - Tinbergen Institute
This contribution deals with the fundamental critique in Dinar et al. (1992, Theory and Decision 32) on the use of Game … theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions …
Persistent link: https://www.econbiz.de/10005137218
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Computing Alternating Offers and Water Prices in Bilateral River Basin Management
Houba, Harold - Tinbergen Instituut - 2006
This discussion paper resulted in an article in the <I>International Game Theory Review</I> (2008), 10, 257-278.<P …> This contribution deals with the fundamental critique in Dinar et al. (1992, Theory and Decision 32) on the use of Game … theory in water management: People are reluctant to monetary transfers unrelated to water prices and game theoretic solutions …
Persistent link: https://www.econbiz.de/10011257198