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Privacy, Time Consistent Optimal Labour Income Taxation and Education Policy
Konrad, Kai A. - C.E.P.R. Discussion Papers - 1999
income taxation privacy reduces welfare losses and increases the effectiveness of public education as a second best policy. …
Persistent link: https://www.econbiz.de/10005789169
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The Deterrence Effects of U.S. Merger Policy Instruments
Clougherty, Joseph A.; Seldeslachts, Jo - C.E.P.R. Discussion Papers - 2011
conditional probability of eliciting an antitrust challenge (i.e., remedies and prohibitions) involves the strongest deterrence …
Persistent link: https://www.econbiz.de/10009225959
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Does Europe have an innovation policy? The case of EU economic law
Battaglia, Lauren; Larouche, Pierre; Negrinotti, Matteo - C.E.P.R. Discussion Papers - 2011
This paper is the first of a larger project aimed at exploring, among other things, whether Europe has a consistent innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such, its primary aim is to present our approach for...
Persistent link: https://www.econbiz.de/10009205060
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Leniency and Whistleblowers in Antitrust
Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2006
The paper reviews the recent evolution of leniency programs for cartels in the US and EU, surveys their theoretical economic analyses, and discusses the empirical and experimental evidence available, also looking briefly at related experiences of rewarding whistleblowers in other fields of law...
Persistent link: https://www.econbiz.de/10005662235
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The Effect of EU Antitrust Investigations and Fines on a Firm’s Valuation
Langus, Gregor; Motta, Massimo - C.E.P.R. Discussion Papers - 2007
We estimate, using event study techniques, the impact of the main events in an antitrust investigation on a firm …
Persistent link: https://www.econbiz.de/10005662243
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The Insiders' Dilemma: An Experiment on Merger Formation
Lindqvist, Tobias; Stennek, Johan - C.E.P.R. Discussion Papers - 2005
This paper tests the insiders’ dilemma hypothesis in a laboratory experiment. The insiders’ dilemma means that a profitable merger does not occur, because it is even more profitable for each firm to unilaterally stand as an outsider (Stigler, 1950; Kamien and Zang, 1990 and 1993). The...
Persistent link: https://www.econbiz.de/10005789098
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Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools
Barros, Pedro Pita; Clougherty, Joseph A.; Seldeslachts, Jo - C.E.P.R. Discussion Papers - 2007
Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect … unable to empirically measure these effects. We consider the ability of different antitrust actions – Prohibitions, Remedies … empirically estimate the impact of antitrust actions on future merger frequencies. We find merger prohibitions to lead to …
Persistent link: https://www.econbiz.de/10005791805
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Bargaining, Mergers and Technology Choice in Bilaterally Oligopolistic Industries
Inderst, Roman; Wey, Christian - C.E.P.R. Discussion Papers - 2001
This Paper provides a conceptual framework of multilateral bargaining in a bilaterally oligopolistic industry to analyse the motivations for horizontal mergers, technology choice, and their welfare implications. We first analyse the implication of market structure for the distribution of...
Persistent link: https://www.econbiz.de/10005791946
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Resale Price Maintenance and Collusion
Jullien, Bruno; Rey, Patrick - C.E.P.R. Discussion Papers - 2000
The paper revisits the conventional wisdom according to which vertical restrictions on retail prices help upstream firms to collude. We analyse the scope for collusion with and without resale price maintenance (RPM) when retailers observe local shocks on demand or retail costs. In the absence of...
Persistent link: https://www.econbiz.de/10005792032
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The International Dimension of the Antitrust Practice in Poland, Hungary and the Czech Republic
Mavroidis, Petros C; Neven, Damien J - C.E.P.R. Discussion Papers - 2000
. Problems are most severe in the Czech republic. (iii) Anti-trust agencies in all three countries have attempted to advocate … become even more independent. (iv) Anti-trust agencies in all three countries could indeed be pursuing objectives of …
Persistent link: https://www.econbiz.de/10005792198