Showing 1 - 7 of 7
The European Central Bank (ECB) will offer to banks in 2013 an european shared platform for securities settlement, named TARGET 2 Securities (T2S), in order to open the national financial markets. The financial crisis did not change the ECB agenda. This paper develops a spatial competition model...
Persistent link: https://www.econbiz.de/10009369654
In physical models it is well understood that the aggregate behaviour of a system is not in one to one correspondence with the behaviour of the average individual element of that system. Yet, in many economic models the behaviour of aggregates is thought of as corresponding to that of an...
Persistent link: https://www.econbiz.de/10008791760
We experiment a mechanism for the provision of a discrete public good where individuals are allowed to update upwards their contribution during a fixed time interval. Experimental evidence shows that subjects increase their contributions in order to finance the cost of the good. The public good...
Persistent link: https://www.econbiz.de/10008792106
In this paper, we propose to compare different partial transparency regimes in order to determine the optimal diessemination policy by the central bank, using an experimental approach. A treatment dedicated to the benchmark situation (where information is fully released) is also available. Our...
Persistent link: https://www.econbiz.de/10010899530
We try in this paper to characterize the state of mobile phone market in Tunisia. Our study is based on a survey of foreign experience (Europe) in detecting collusive behavior and a comparison of the critical threshold of collusion between operators in developing countries like Tunisia. The...
Persistent link: https://www.econbiz.de/10010899718
We present a Cournot model that compares the critical threshold of collusion in Duopoly and Oligopoly Markets where the actors are private, mixed or public. We assume that the incentive critical threshold for collusion depends on the interconnection fees. The different threshold values...
Persistent link: https://www.econbiz.de/10010899868
Nous présentons dans ce papier une modélisation du seuil critique de préférence pour la collusion dans un duopole mixte/privé en fonction du tarif d'interconnexion et de son coût marginal, dans un régime de concurrence à la Cournot. L'objectif consiste à comparer la préférence pour la...
Persistent link: https://www.econbiz.de/10010821290