Showing 1 - 10 of 271
The policy-making and distributive effects of lobbying is a disturbing and highly debated issue in many developing … 1990’s has been placed under great scrutiny. In this paper, an overview of the positive theory of regulation along with the … theory of collective action is provided in order to highlight the main discussions covered in existing literature. This paper …
Persistent link: https://www.econbiz.de/10011109696
from third countries. What is considered to be price dumping when imported is considered normal competition for a product … manufactured in the EU. This is due to the fact that spatial price differentiation within the EU is covered by competition rules …, and that competition rules have higher requirements for market share and price undercutting than the anti …
Persistent link: https://www.econbiz.de/10009654208
Although American business leaders do not like protectionism, more and more of them are concluding that too many … competition. New technologies have great potential payoffs, but they require more sophisticated forms of social organization …
Persistent link: https://www.econbiz.de/10005789463
optimal organization of lobbying favors competition between groups only when their preferences are not too congruent with …We use a mechanism design approach to study the organization of interest groups in an informational model of lobbying …
Persistent link: https://www.econbiz.de/10005621453
This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The econometric specification facilitates the simultaneous...
Persistent link: https://www.econbiz.de/10005835748
over marginal theory of imperfect competition. The controversy was closed prematurely; various contributions published … analysis of competition; it is too often neglected in favour of the sole competition on margins. …
Persistent link: https://www.econbiz.de/10011113011
We use data on sequential water auctions to estimate demand when units are com- plements or substitutes. A sequential English auction model determines the estimating structural equations. When units are complements, one bidder wins all units by paying a high price for the first unit, thus...
Persistent link: https://www.econbiz.de/10011114563
degree of competition using the H-statistic by Panzar and Rosse (1987). The estimated H-statistics for the whole sample … periods are positive ranging from 0.38 to 0.62 and the Wald test for the market structure of monopoly or perfect competition … is rejected implying that the Islamic banks in Malaysia earned their revenue in the condition of monopolistic competition. …
Persistent link: https://www.econbiz.de/10005623258
well as endogenous intensity of competition: firms in high risk industries reduce their riskiness by competing less than …
Persistent link: https://www.econbiz.de/10009397195
This paper presents a model of labour supply determination under job competition. In the presence of a positive rate of … offered wage, maximises utility. There is a unique strictly positive degree of job competition that is consistent with the … optimal allocation. If labour supply is upward-sloping, increasing job competition raises the equilibrium level of activity …
Persistent link: https://www.econbiz.de/10009644927