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Antimonopoly laws must contain effective provisions for the attack of exclusionary behavior by firms with market power while at the same time not attacking procompetitive behavior by entrants or incumbents. This paper suggests seven textual criteria by which a new law may be evaluated in its...
Persistent link: https://www.econbiz.de/10005561465
made an evaluation on the evolution of the competitive balance in the Portuguese premier league of professional soccer. The …
Persistent link: https://www.econbiz.de/10005076876
In this paper, we empirically measure the effect of the DIVX preannouncement in the DVD market. We do this by measuring the effect of potential (incompatible) competition on a network undergoing growth. We find that there are network effects in the DVD market and that the preannouncement of DIVX...
Persistent link: https://www.econbiz.de/10005561038
Theoretical study identifying one modality with conditions necesary for the financial stabilization of an inherently unstable system; and 5040 other unstable dynamic modes. It draws on knowledge made available by the academic field of Control Engineering.
Persistent link: https://www.econbiz.de/10005125628
The first generaation of competition laws in Central and Eastern Europe -- enacted in 1990 and 1991 in Czechoslovakia, Hungary, Poland, and Russia -- have undergone significant amendments following their earliest enforcement period. This paper uses an analytical framework previously used to...
Persistent link: https://www.econbiz.de/10005134522
I investigate whether the removal of the reserve clause in professional baseball has affected the competitive nature of … the Herfindahl-Hirschman Index for homeruns and strikeouts in professional baseball from 1920 to 1993, and relate them to … structural changes in baseball. I isolate the structural effect of free-agency and find no evidence that free agency has altered …
Persistent link: https://www.econbiz.de/10005076910
This note considers the problem of estimating the marginal products of offensive events towards a baseball team …
Persistent link: https://www.econbiz.de/10005119071
This study aims at predicting the most likely winners of international football tournaments. To this end, this paper …-of-season points from domestic football leagues to measure the degree of competitive balance and to use it as a comparative indicator … between the contesting countries in international football tournaments. The seasonal CV values computed from over ten seasons …
Persistent link: https://www.econbiz.de/10005412888
. Furthermore we argue that the term ‘bidding market’ as it is widely used in antitrust is unhelpful or misleading. Auctions and …
Persistent link: https://www.econbiz.de/10005126056
Though widespread, the practice of public subsidies for cultural activity lacks a rigorous and consistent economic rationale. We analyze a canonical market structure that characterizes much cultural activity: the competition of mass-produced goods with heterogeneous non- standardized goods that...
Persistent link: https://www.econbiz.de/10005125963