repeated nature of price setting and extensive knowledge of the sellers may have created the basis for tacit collusion and …

The paper provides an empirical analysis of price setting behaviour in Slovakia, using large micro-level dataset … accession to the EU. Several empirical findings stand out. Similarly to results on advanced market economies, we find that price … changes are infrequent and sizeable. Moreover, the relationship between frequency and size of price changes is highly non …

law of one price (LOOP) for identical products sold in a variety of countries. We find median deviations of twenty to …

We investigate firms' incentives for cost reduction in the first price sealed bid auction, a format largely used for … procurement. A central feature of the model is that we allow firms to be heterogeneous. Though private value first price auctions …. Using the second price auction as a benchmark, we also find that the first price auction will elicit less investment from …

given. Particular attention is paid to retail price maintenance. Due to differences between European countries it is not a …