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Transparency, price-dependent demand and product variety

Gu, Yiquan; Wenzel, Tobias - Düsseldorf Institute for Competition Economics (DICE), … - 2010

This paper revisits the relationship between transparency on the consumer side and product variety as analyzed in Schultz (2009). We identify two welfare effects of transparency. More transparency decreases price-cost margins which is beneficial forwelfare. On the other hand, more transparency...

Persistent link: https://www.econbiz.de/10008694128

Do short-term laboratory experiments provide valid descriptions of long-term economic interactions? A study of Cournot markets

Normann, Hans-Theo; Requate, Till; Waichman, Israel - Düsseldorf Institute for Competition Economics (DICE), … - 2013

One key problem regarding the external validity of laboratory experiments is their duration: while economic interactions out in the field are often lengthy processes, typical lab experiments only last for an hour or two. To address this problem for the case of both symmetric and asymmetric...

Persistent link: https://www.econbiz.de/10010956750

Competition, outside directors and executive turnover: Implications for corporate governance in the EU

Buchwald, Achim - Düsseldorf Institute for Competition Economics (DICE), … - 2015

indicator for effective monitoring, the findings reveal that outside directors and product market competition are substitutes …. Outsiders increase the performance-turnover sensitivity of executives exclusively if competition in the industry is relatively … weak. In an environment with effective competition, outsiders do not significantly influence the decision to replace …

Persistent link: https://www.econbiz.de/10011168712

Independent service operators in ATM markets

Wenzel, Tobias - Düsseldorf Institute for Competition Economics (DICE), … - 2013

This paper studies the impact of entry of non-banks (termed Independent Service Operators, ISOs) into ATM markets. We compare two different regimes by which the ISO may generate income: i) The ISO receives interchange fees and ii) the ISO charges consumers directly. We find that due to the entry...

Persistent link: https://www.econbiz.de/10010956716

Wettbewerb im deutschen Mobilfunkmarkt

Haucap, Justus; Heimeshoff, Ulrich; Stühmeier, Torben - Düsseldorf Institute for Competition Economics (DICE), … - 2010

This paper studies competition in the German market for mobile telecommunications, motivated by recent suggestions that …

Persistent link: https://www.econbiz.de/10008694106

Innovation, tort law, and competition

Baumann, Florian; Heine, Klaus - Düsseldorf Institute for Competition Economics (DICE), … - 2012

In this paper, we examine the link between innovative activity on the part of firms, the competitive pressure to introduce innovations and optimal damages awards. While innovative activity brings forth valuable new products for consumers, competitive pressure in the ensuing innovation race...

Persistent link: https://www.econbiz.de/10010956764

Consumer behavior towards on-net/off-net price differentiation

Haucap, Justus; Heimeshoff, Ulrich - Düsseldorf Institute for Competition Economics (DICE), … - 2011

may have for market competition. …

Persistent link: https://www.econbiz.de/10009003594

Semi-collusion in media markets

Dewenter, Ralf; Haucap, Justus; Wenzel, Tobias - Düsseldorf Institute for Competition Economics (DICE), … - 2010

well as for readership. We compare three modes of competition: i) competition in the advertising and the reader market, ii …) semi-collusion over advertising (with competition in the reader market), and iii) (full) collusion in both the advertising …

Persistent link: https://www.econbiz.de/10008784593

The extent of European power markets

Böckers, Veit; Heimeshoff, Ulrich - Düsseldorf Institute for Competition Economics (DICE), … - 2012

This paper analyzes the convergence process of Central-West European wholesale electricity markets from 2004 to the beginning of 2011. Jevon's law of price indifference is scrutinized using price correlation, parametric and nonparametric tests of price-differences and cointegration analysis. As...

Persistent link: https://www.econbiz.de/10010983926

They played the merger game: A retrospective analysis in the UK videogames market

Aguzzoni, Luca; Argentesi, Elena; Buccirossi, Paolo; … - Düsseldorf Institute for Competition Economics (DICE), … - 2013

Gamestation did not lead to a substantial lessening of competition; rather it is consistent with the existence of efficiency gains. …

Persistent link: https://www.econbiz.de/10010956731