Showing 1 - 10 of 73
have been undertaken by the Basel Committee to address information gaps in derivative markets (a source of huge losses to …
Persistent link: https://www.econbiz.de/10009025318
address information gaps in derivative markets (a source of huge losses to many major banks), the paper also explores how the …
Persistent link: https://www.econbiz.de/10009025321
have been undertaken by the Basel Committee to address information gaps in derivative markets (a source of huge losses to …
Persistent link: https://www.econbiz.de/10011258446
Mobile telecommunication operators routinely charge subscribers lower prices for calls on their own network than for calls to other networks (on-net discounts). Studies on tariff-mediated network effects suggest this is due to large operators using on-net discounts to damage smaller rivals....
Persistent link: https://www.econbiz.de/10011019344
It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may …
Persistent link: https://www.econbiz.de/10011271692
development and social welfare in relation to the present and prospective discussions on competition policy in the WTO, UNCTAD …, OECD and other fora. Although this is the immediate backdrop for an examination of competition policy in relation to … for developing countries which emerge from the theoretical and empirical analysis of competition policy and economic …
Persistent link: https://www.econbiz.de/10011259537
We adopt the framework of Schumpeterian creative destruction formalized by Aghion et al. (2009) to analyze the impact of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit heterogeneous patterns of growth depending on their...
Persistent link: https://www.econbiz.de/10011259554
We use a variant of the Hotelling (1929) model to illustrate that, when a firm faces hard payment constraint(s), financially strong rivals may adopt predatory strategies to drive the firm out of the product market and hence to obtain extra profit from enhanced market power later on. Predation is...
Persistent link: https://www.econbiz.de/10011259676
Modern advances give us the ability to re-engineer the taxation system to benefit from computerized automation and the insights of modern psychology. People like to do things that bring a tangible reward. Tax-paying should be made FUN, not a chore. You will want to participate if you perceive a...
Persistent link: https://www.econbiz.de/10011259773
Abstract In this article we discuss the salient features of the classical and neoclassical theories of competition and …
Persistent link: https://www.econbiz.de/10011260161