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interdependent Rubinstein-Ståhl negotiations. The outcome has a simple characterization (a Nash equilibrium in Nash bargaining …
Persistent link: https://www.econbiz.de/10005419526
bargaining. The model is suggested by Björnerstedt and Stennek (2006) as a work horse for studying bilateral oligopoly. The key …
Persistent link: https://www.econbiz.de/10005771098
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report …
Persistent link: https://www.econbiz.de/10005670113
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report … analysis. The first chapter considers the presence of efficiencies from mergers, with a focus on economies of scale. The second …
Persistent link: https://www.econbiz.de/10005645361
account efficiency gains from horizontal mergers, and balance these gains against the anti-competitive effects of mergers? If … both theoretical and empirical studies of mergers and merger control. Next, we review the current legal practice in seven …-by-case basis, we construct an information-economising two-stage decision framework for evaluating mergers. In a first stage …
Persistent link: https://www.econbiz.de/10005419501
This paper examines the restructuring of state assets in markets deregulated by privatizations and investment liberalizations. We show that the government has a stronger incentive to restructure than the buyer: A firm restructuring only takes into account how much its own profit will increase....
Persistent link: https://www.econbiz.de/10005645287
This paper determines the equilibrium ownership structure in an emerging market deregulated by privatization and investment liberalization. It is shown that bidding competition in the privatization stage is necessary but not sufficient for reaching an efficient equilibrium market structure....
Persistent link: https://www.econbiz.de/10005645301
This study provides the first empirical test of strategic interactions in the pricing decisions of regulated utilities. Since publicly owned water utilities in Sweden are governed by a cost-of-service regulation, prices in neighboring municipalities should not affect the own price other than...
Persistent link: https://www.econbiz.de/10010818389
We compare four approaches to network neutrality and network management regulation in a two-sided market model: (i) no variations in Quality of Service and no price discrimination; (ii) variations in Quality of Service but no price discrimination; (iii) variations in Quality of Service and price...
Persistent link: https://www.econbiz.de/10010818542
Private firms may not have efficient incentives to allow third-party producers to access their platform or develop extensions for their products. Based on a two-sided market model, I discuss two reasons for why. First, a private firm may not be able to internalize all benefits from cross-group...
Persistent link: https://www.econbiz.de/10005041086