Showing 1 - 10 of 33
conditional probability of eliciting an antitrust challenge (i.e.,remedies and prohibitions) involves the strongest deterrence …
Persistent link: https://www.econbiz.de/10011257501
We formulate a simple model of optimal defensive disclosure by a monopolist facinguncertain antitrust enforcement and …
Persistent link: https://www.econbiz.de/10011257572
illegal gains, as often outlined in existing antitrust regulation, and detection probabilities depend on the degree of … collusion. We introduce cartel culture that describes how likely cartels persist after each conviction. Our analysis … disentangles the effects of traditional antitrust regulation, leniency, and cartel strategies. Without rewards to the strictly …
Persistent link: https://www.econbiz.de/10011256040
response to the introduction of (ex-ante and ex-post) leniency programs. We disentangle the effects of traditional antitrust … below the price under antitrust without leniency. On the other hand, for ex-post leniency, improvement is possible and …
Persistent link: https://www.econbiz.de/10011256899
to screen industries that traditionally apply delivered pricing for the presence of cartels. We operationalize this … screen with a software. The test is hard to beat for cartels using this otherwise elusive form of price-fixing. When a cartel … was found to have abused the basing-point system, our method can be used to estimate antitrust damages. …
Persistent link: https://www.econbiz.de/10011255456
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral …
Persistent link: https://www.econbiz.de/10011256234
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
An important question in the dynamic European wholesale markets for electricity is whether to define the geographical market at the level of an individual member state or more broadly. We show that if we currently take the traditional approach by considering for each member state whether there...
Persistent link: https://www.econbiz.de/10011255814
This paper introduces the Werden-Froeb Index (WFI) to assist in evaluating merger-specific efficiencies in horizontal mergers. The index measures the weighted average reduction in marginal costs required to restore pre-merger equilibrium prices and quantities after the (full or partial) merger...
Persistent link: https://www.econbiz.de/10011257357
Two main topics are analysed in this paper: a crowding model for an urban destination is tested by the use of a binary logistic model in order to identify the variables influencing crowding perception; and the inherent negativity of the crowding concept, as is often assumed, is examined through...
Persistent link: https://www.econbiz.de/10011255508