Similar Search Results

Endogenous Product Differentiation, Market Size and Prices

Ferguson, Shon - Institutet för Näringslivsforskning (IFN) - 2011

between market size and entry. …

Persistent link: https://www.econbiz.de/10009251247

Entry Regulations, Product Differentiation and Determinants of Market Structure

Maican, Florin; Orth, ´Matilda - Institutet för Näringslivsforskning (IFN) - 2013

We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …

Persistent link: https://www.econbiz.de/10010699973

Competition vs. Regulation in Mobile Telecommunications

Stennek, Johan; Tangerås, Thomas - Institutet för Näringslivsforskning (IFN) - 2006

This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show that the monopolistic outcome prevails independently of market concentration when access prices are determined in bilateral negotiations. A light-handed regulatory policy can...

Persistent link: https://www.econbiz.de/10005190638

Entry and the Choice between Greenfield or Takeover: The Neglected Technological Determinants

Fölster, Stefan; Nyberg, Sten - Institutet för Näringslivsforskning (IFN) - 1993

No abstract.

Persistent link: https://www.econbiz.de/10010818444

Acquisitions, Entry and Innovation in Network Industries

Norbäck, Pehr-Johan; Persson, Lars; Tåg, Joacim - Institutet för Näringslivsforskning (IFN) - 2011

of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …

Persistent link: https://www.econbiz.de/10008919575

Ex Post Efficiency and Individual Rationality in Incentive Compatible Trading Mechanisms

Lundgren, Stefan - Institutet för Näringslivsforskning (IFN) - 1988

This paper concerns the design of a trading mechanism for a group of traders when their valuations of the good are private information and they bargain over who shall consume more than his initial endowment and who shall consume less. It is shown that there generally exists a set of initial...

Persistent link: https://www.econbiz.de/10010684526

Supply Function Equilibria: Step Functions and Continuous Representations

Holmberg, Pär; Newbery, David; Ralph, Daniel - Institutet för Näringslivsforskning (IFN) - 2009

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction, and the market is cleared at the price of the most expensive offer needed to meet realised demand. Such markets can most elegantly be modelled as the pure-strategy, Nash...

Persistent link: https://www.econbiz.de/10005025457

Sealed Bid Auctions vs. Ascending Bid Auctions: An Experimental Study

Andersson, Christer; Andersson, Ola; Andersson, Tommy - Institutet för Näringslivsforskning (IFN) - 2011

This paper considers the sealed bid and ascending auction, which both identifies the minimum Walrasian equilibrium prices and where truthful preference revelation constitutes an equilibrium. Even though these auction formats share many theortical properties, there are behavioral aspects that are...

Persistent link: https://www.econbiz.de/10009323347

The Auctioning of a Failing Firm.

Persson, L. - Institutet för Näringslivsforskning (IFN) - 1999

This paper evaluates the welfare consequences of the failing firm doctrine in the EU and US merger laws. I combine an oligopoly model with an "endogenous valuations" auction model. Thereby, I take into account that, in an oligopoly, a firm's willingness to pay for the assets depends on the...

Persistent link: https://www.econbiz.de/10005639318

Endogenous Asset Ownership Structures in Deregulated Markets

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2003

reaching an efficient equilibrium market structure. Competition in the ensuing entry stage is also necessary. Otherwise, one …

Persistent link: https://www.econbiz.de/10005645301