Similar Search Results

Tacit Collusion and Capacity Withholding in Repeated Uniform Price Auctions

Dechenaux, Emmanuel; Kovenock, Dan - Institutet för Näringslivsforskning (IFN) - 2005

auctions in a symmetric oligopoly with capacity constrained firms. Under both the Market Clearing and Maximum Accepted Price … discriminatory auction. Moreover, capacity withholding may be necessary to sustain this outcome. We extend these results to the case … number of steps, maximal collusion is attained with simple price-quantity strategies exhibiting capacity withholding. …

Persistent link: https://www.econbiz.de/10005645307

Investment Lilberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2006

Investment liberalizing countries are often concerned that cross-border mergers & acquisitions, in contrast to greenfield investments, might have an adverse effect on domestic firms and consumers. However, given that domestic assets are sufficiently scarce, we identify a preemption effect and an...

Persistent link: https://www.econbiz.de/10005082488

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - Institutet för Näringslivsforskning (IFN) - 2009

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...

Persistent link: https://www.econbiz.de/10004964394

Investment Liberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2005

Persistent link: https://www.econbiz.de/10005419556

Testing the Female Underperformance Hypothesis.

Du Rietz, A.; Henrekson, M. - Institutet för Näringslivsforskning (IFN) - 1999

Most previous studies have found evidence at the aggregate level that female entrepreneurs underperform relative to their male counterparts. This study conducts a comprehensive test of this finding. The test is conducted on a large Swedish sample of 4200 entrepreneurs (405 females) with 1 to 20...

Persistent link: https://www.econbiz.de/10005639300

Endogenous Asset Ownership Structures in Deregulated Markets

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

This paper determines the equilibrium ownership structure in an emerging market deregulated by privatization and …

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

Cross-Border Acquisitions and Corporate Taxes: Efficiency and Tax Revenues

Norbäck, Pehr-Johan; Persson, Lars; Vlachos, Jonas - Institutet för Näringslivsforskning (IFN) - 2006

away and captured by the domestic seller which, in turn, pays capital gains tax on the proceeds. Technical issues in the …

Persistent link: https://www.econbiz.de/10005645321

Cross-Border Mergers & Acquisitions Policy in Service Markets

Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2008

We provide facts showing that in service markets: (i) restrictions on foreign direct investment (FDI) are under reform, (ii) cross-border Mergers & Acquisitions dominate as the entry mode of FDI, and (iii) there is often a high market concentration. Based on these facts, we present a model for...

Persistent link: https://www.econbiz.de/10005645414

Getting a Better Price: Strategic Behaviour before Changes in Ownership of Corporate Assets

Friberg, Richard; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2008

We propose a model of investments prior to corporate ownership changes. We derive conditions under which the selling of …

Persistent link: https://www.econbiz.de/10005645417

Long-Term Firm Growth and Ownership Organization - A Study of Business Histories

Glete, Jan - Institutet för Näringslivsforskning (IFN) - 1989

This paper is concerned with ownership organization in the process of industrial growth and transformation. It stresses … is induced from the demand or supply side is stressed. The Swedish financial market for ownership and control and two …

Persistent link: https://www.econbiz.de/10010684425