Showing 1 - 10 of 126
The analysis of horizontal mergers hinges on a tradeoff between unilateral effects and efficiency gains. The article … empirical merger analysis are exposed. …
Persistent link: https://www.econbiz.de/10005416449
competition where states compete on a variety of margins that are often ignored by the standard focus on tax rates. Using the …
Persistent link: https://www.econbiz.de/10010888456
Slotting allowances are fees paid by manufacturers to get access to retailers’ shelf space. Both in the USA and Europe, the use of slotting allowances has attracted attention in the general press as well as among policy makers and economists. One school of thought claims that slotting...
Persistent link: https://www.econbiz.de/10005094247
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general...
Persistent link: https://www.econbiz.de/10005051532
We study competition among a score of firms participating in an online market for a commodity computer component. Firms were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first), with better ranks contributing to firms’ sales....
Persistent link: https://www.econbiz.de/10010747211
The paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more descriptive level one considered the (percentage) survival of newly created franchisors in the following years. The evidence indicated a drastic decay in survival after only a...
Persistent link: https://www.econbiz.de/10008872224
We consider the interaction between an incumbent firm and a potential entrant, and examine how this interaction is affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the average price in the market can be countercyclical if the...
Persistent link: https://www.econbiz.de/10010877829
manufacturers merger, although it leads to an increase in the wholesale prices, it can enhance product variety. The merger generated … products to consumers, a merger never results into more product variety. Still, both in the presence and in the absence of … a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a …
Persistent link: https://www.econbiz.de/10010886105
analyze under which conditions cost-reducing mergers will be beneficial for the merging firms, the home country, and the world … as a whole. For a national merger, the policies enacted by a national merger authority tend to be overly restrictive from … a global efficiency perspective. In contrast, all international mergers that benefit the merging firms will be cleared …
Persistent link: https://www.econbiz.de/10005766066
This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel stability and leads to the break-up of the cartel in the...
Persistent link: https://www.econbiz.de/10005000368