Showing 1 - 10 of 30
This paper analyzes the impact of voucher design on student sorting, and more specifically investigates whether there … are feasible ways of designing vouchers that can reduce or eliminate student sorting. It studies these questions in the … sorting where private schools can screen students. However, the publicly funded U.S. voucher programs require private schools …
Persistent link: https://www.econbiz.de/10005125900
doubly disadvantaged and amplify existing inequalities. We explore the relationship between the degree of sorting by … relationship between sorting by ethnicity and the variance of test scores, but no direct relationship between sorting by income or … endogeneity in the extent of sorting: the results indicate that sorting by ethnicity does not affect the variance of test scores …
Persistent link: https://www.econbiz.de/10005413023
(forthcoming Journal of Political Economy). Part ownership of a takeover target can help a bidder win a takeover auction, often at a low price. A bidder with a "toehold" bids aggressively in a standard ascending auction because its offers are both bids for the remaining shares and asks for its...
Persistent link: https://www.econbiz.de/10005076990
The purpose of this paper is to evaluate two new anti-merger instruments, innovation markets and unilateral effects, on the basis of economic theory and evidence. I first discuss how the economics of antitrust has developed over the years, with the intention of characterizing the intellectual...
Persistent link: https://www.econbiz.de/10005124983
This paper is an attempt to evaluate the impact of Mergers on the performance of the companies. Theoretically it is … assumed that Mergers improves the performance of the company due to increased market power, Synergy impact and various other … were done mostly in the US and other European countries. I evaluate the impact of Mergers on Indian companies through a …
Persistent link: https://www.econbiz.de/10005134825
We examine theoretically and experimentally two countervailing effects of collusion and symmetric mergers among bidders …
Persistent link: https://www.econbiz.de/10005407619
Part ownership of a takeover target can help a bidder win a takeover auction, often at a low price. A bidder with a ``toehold'' bids aggressively in a standard ascending auction because its offers are both bids for the remaining shares and asks for its own holdings. While the direct effect of a...
Persistent link: https://www.econbiz.de/10005413099
This paper explores domestic mergers and acquisitions (M&As) from the regional perspective. The Finnish firm …
Persistent link: https://www.econbiz.de/10005556219
This paper explores domestic mergers and acquisitions (M&As) from the regional perspective. The Finnish firm …
Persistent link: https://www.econbiz.de/10005118986
A recent merger “wave” has occurred within the economy, including the agricultural sector. Some research has been conducted on publicly traded companies, but there is little information available on merger activity within agricultural cooperatives. This paper presents the results of a recent...
Persistent link: https://www.econbiz.de/10005561492