Showing 1 - 10 of 107
corresponding increased potential for product market collusion. We consider all trajectories that are candidates for an optimal … collusion could thus yield higher total surplus. …
Persistent link: https://www.econbiz.de/10011256291
We develop a method to screen for local cartels. We first test whether there is statistical evidence of clustering of outlets that score high on some characteristic that is consistent with collusive behavior. If so, we determine in a second step the most suspicious regions where further...
Persistent link: https://www.econbiz.de/10011255447
first-price sealed-bid auction (FPSB). In theory, both tacit and overt collusion are always incentive compatible in EN while … overt collusion, stable cartels buy at a lower price in EN than in FPSB resulting in a lower average winning bid in EN. …
Persistent link: https://www.econbiz.de/10011255908
, collusion, and antitrust policy regarding research and development. …
Persistent link: https://www.econbiz.de/10011256994
This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...
Persistent link: https://www.econbiz.de/10011257641
We study a stochastic dynamic game of process innovation in which firms can initiate and terminate R&D efforts and production at different times. We discern the impact of knowledge spillovers on the investments in existing markets, as well as on the likely structure of newly forming markets, for...
Persistent link: https://www.econbiz.de/10011265234
This discussion paper led to a publication in (W.D. Nelson (Ed.)), <I>Advances in Business and Management</I> (pp. 1-32), New York: Nova Publishers, 2011. In this era of globalization we see an increase in specialization: the production chain issplit up in more and more parts and the production of...</i>
Persistent link: https://www.econbiz.de/10011255533
The organization of Electronic Dance Music (EDM) events has become a major export product in the Netherlands. In order to respond quickly to the new trends and needs, innovative forms of cooperation between producers are to be set up for the organization of exciting new events. A case study on...
Persistent link: https://www.econbiz.de/10011255594
This paper estimates the impact of work environment health and safety practice on firm performance, and examines which firm-characteristic factors are associated with good work conditions. We use Danish longitudinal register matched employer-employee data, merged with firm business accounts and...
Persistent link: https://www.econbiz.de/10011255910
In this paper we consider the problem of the control of access to a firm's productive asset, embedding the relevant decisionmakers into a general structure of formal authority relations. Within such an authority structure, each decision maker acts as a principal to some decision makers, while...
Persistent link: https://www.econbiz.de/10011255955