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an n to an n-1 player oligopoly after a merger in the industry. Competitors are identified via the European Commission s … the merger effect. We obtain results consistent with the predictions of standard oligopoly models: non-merging rivals …
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This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10001750273
Use of the Internet by entrepreneurs has transformed gambling. Many have notionally located their businesses away from jurisdictions with heavy taxes and intrusive regulation, to offshore centres with very low taxes and regulations intended to prove their statistics and the avoidance of money...
Persistent link: https://www.econbiz.de/10010396561
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10011507661
We use a dynamic game model of a two-country monetary union to study the impacts of an exogenous fall in aggregate demand, the resulting increase in public debt, and the consequences of a sovereign debt haircut for a member country or bloc of the union. In this union, the governments of...
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