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This is the supplemental material to the paper titled "Feedback and Contagion through Distressed Competition." It includes additional empirical, theoretical, and quantitative results. It also includes illustration for the numerical algorithm for our model solution
Persistent link: https://www.econbiz.de/10012829439
In Eleanor Fox and Mor Bakhoum's new book titled Making Markets Work for Africa: Markets, Developments, and Competition Law in Sub-Saharan Africa (Oxford University Press, 2019), the authors offer a comprehensive look at the role that competition law can play in promoting economic development as...
Persistent link: https://www.econbiz.de/10012833624
Despite the increasingly market-friendly approach to unfair competition law (UCL) adopted by EU law, the protection of competitors from unfair trading practices (B2B) remains a salient feature in certain jurisdictions. Such a feature can be the source of tension with European law on at least two...
Persistent link: https://www.econbiz.de/10012911660
Firms tend to compete more aggressively in financial distress; the intensified competition in turn reduces profit margins for everyone, pushing some further into distress. To study such feedback and contagion effects, we incorporate dynamic strategic competition into an industry equilibrium with...
Persistent link: https://www.econbiz.de/10012844884
The focus of the present work is to study the impact of the second-hand market the collusive behavior. I analyze firms' preferences for having an active second-hand market and whether policies (i.e. leasing policy, buy-back policy and warranty policy) that affect the functioning of the...
Persistent link: https://www.econbiz.de/10013148187
Using the coefficient of cooperation, we analyse the effect of cost asymmetries on collusive agreements when firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. In this context, we first investigate the extent to which collusive...
Persistent link: https://www.econbiz.de/10013243009
In this article we introduce the reader to the most important cases in competition law between the beginnings of 2012, until May 2013. Our focus is on either the novelties in the cases or on issues which might be interesting for an international readership due to the recent developments and...
Persistent link: https://www.econbiz.de/10014148572
This paper investigates the behaviour of the mark-up of prices over marginal costs under two different assumptions about market structure. In the customer market model firms lower their mark-up when current output is low relative to future profits, foregoing current profits in order to capture...
Persistent link: https://www.econbiz.de/10014156098
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