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We run a series of experiments to compare the well known arbitration scheme FOA (Final Offer Arbitration) with a new …
Persistent link: https://www.econbiz.de/10008924979
competition in the second stage. Randomizing the order of play in the price subgame, we can find: (i) that the Cournot outcome can … produce strictly more than the Cournot outcome. …
Persistent link: https://www.econbiz.de/10010739046
'une mesure de la valeur, Say, Rossi, Cournot et Dupuit ont cherché, dans des voies diverses, une solution. Ces efforts les ont …
Persistent link: https://www.econbiz.de/10008789283
Lorsque les "Recherches sur les principes mathématiques de la Théorie des richesses" de Cournot paraissent en 1838 …, elles ne suscitent guère d'intérêt, si ce n'est en Allemagne où elles font l'objet d'une traduction. A l'inverse, Cournot … perception des travaux économiques de Cournot a évolué, depuis le XIXe siècle jusqu'à aujourd'hui, en identifiant les principaux …
Persistent link: https://www.econbiz.de/10008791806
We study an extension of Jain and Mirman (1999) with two insiders under three different market structures : (i) Cournot …
Persistent link: https://www.econbiz.de/10010635234
In this paper, we analyze the differences in the sensibility of the distribution and transportation margin to exchange rate variations among different sectors in several European countries between 1995 and 2007. On the one hand, we provide new evidence that the margin reacts to exchange rate...
Persistent link: https://www.econbiz.de/10011026153
The determination of optimal fines to deter the formation or continuation of cartels is a major objective of …
Persistent link: https://www.econbiz.de/10010821216
cartels et donc, par corollaire, celle de l'attractivité des mesures de clémence, mais aussi leur influence, plus mitigée, sur …
Persistent link: https://www.econbiz.de/10008790468
49%. By examining more sources, Connor (2010b) finds a median of 23.3% for all type of cartels and a mean of 50.4% for … successful cartels. However, the data used in these studies are estimates rather than true observations, since the true illegal … profits of cartels are rarely observable. Therefore, these data are subject to model error, estimation error and publication …
Persistent link: https://www.econbiz.de/10010899735
Contract enforcement is acknowledged as a major issue in Law and in Economics. Contrasting substitution and complementary perspectives with respect to the role of private versus public enforcement institutions, this article analyses how contract law can support private institutions, and enhance...
Persistent link: https://www.econbiz.de/10010635194