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Estimating Markups under Nonlinear Pricing Competition

Miravete, Eugenio J.; Röller, Lars-Hendrik - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2003

This paper provides a structural interpretation to the estimates of the shape and position of nonlinear tariffs. We focus on the evaluation of price-cost margins, and thus we need to identify marginal cost from an equilibrium model of nonlinear pricing competition. We estimate these price-cost...

Persistent link: https://www.econbiz.de/10005772890

Product Market Competition and Lobbying Coordination in the U.S. Mobile Telecommunications Industry

Jung, Astrid; Duso, Tomaso - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2003

This paper empirically investigates market behavior and firms’ lobbying in a unified structural setup. In a sequential … game, where firms lobby for regulation before they compete in the product market, we derive a testable measure of lobbying … coordination. Applying the setting to the early U.S. cellular services industry, we find that lobbying expenditures, as measured by …

Persistent link: https://www.econbiz.de/10005772926

The Political Economy of European Merger Control: Evidence using Stock Market Data

Duso, Tomaso; Neven, Damien J.; Röller, Lars-Hendrik - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2002

The objective of this paper is to investigate the determinants of EU merger control decisions. We consider a sample of 164 EU merger control decisions and evaluate the anti-competitive consequences of these mergers from the reaction of the stock market price of competitors to the merging firms....

Persistent link: https://www.econbiz.de/10005772932

Lobbying, Information Transmission, and Unequal Representation

Lagerlöf, Johan; Frisell, Lars - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2004

truthtelling. <br> <br> <i>ZUSAMMENFASSUNG - (Lobbying, Informationsübertragung und ungleiche Repräsentation) <br> In diesem Papier …

Persistent link: https://www.econbiz.de/10005772935

Contribution to Productivity or Pork Barrel? The Two Faces of Infrastructure Investment

Cadot, Olivier; Röller, Lars-Hendrik; Stephan, Andreas - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2002

This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...

Persistent link: https://www.econbiz.de/10005772950

On the Desirability of an Efficiency Defense in Merger Control

Lagerlöf, Johan; Heidhues, Paul - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2002

We develop a model in which two firms that have proposed to merge are privately informed about merger-specific efficiencies. This enables the firms to influence the merger control procedure by strategically revealing their information to an antitrust authority. Although the information improves...

Persistent link: https://www.econbiz.de/10005612420