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Although economic theory seems to be abstract and escapist in some cases, it nevertheless often represents the main tool in order to comprise and describe economic events sytematically. The analysis of every day news in the media clarifies this in the following paper.
Persistent link: https://www.econbiz.de/10008593002
of international competition --- driven by comparative advantages --- which makes "some" high- and "many" low …
Persistent link: https://www.econbiz.de/10005108468
Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...
Persistent link: https://www.econbiz.de/10010860227
Mobile telecommunication operators routinely charge subscribers lower prices for calls on their own network than for calls to other networks (on-net discounts). Studies on tariff-mediated network effects suggest this is due to large operators using on-net discounts to damage smaller rivals....
Persistent link: https://www.econbiz.de/10011019344
The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in light of evolutionary economics.
Persistent link: https://www.econbiz.de/10011212782
It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may …
Persistent link: https://www.econbiz.de/10011271692
governance as well as economic and political competition, whereas the role of collaboration mechanisms is growing. This process …
Persistent link: https://www.econbiz.de/10011245928
informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …
Persistent link: https://www.econbiz.de/10011252548
The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently …, corporate governance quality has emerged as an additional factor that may complement or substitute for competition’s effect on … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance …
Persistent link: https://www.econbiz.de/10011258940
approach ignores both the competition between oil companies, and the large geographical differences. The paper concludes by …
Persistent link: https://www.econbiz.de/10011259029