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Deregulation of Scandinavian Airlines: A Case Study of the Oslo-Stockholm Route

Norman, Victor D; Strandenes, Siri Pettersen - C.E.P.R. Discussion Papers - 1990

The paper develops a numerical simulation model to assess the possible consequences of competition on inter-Scandinavian air routes, using the Oslo-Stockholm route as a case. In the model, demand for air transportation depends on the price and frequency, reflecting consumer preferences for...

Persistent link: https://www.econbiz.de/10005656207

Deregulation of Business

Yakovlev, Evgeny; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2007

What determines the enforcement of deregulation reform of business activities? What are the outcomes of deregulation … variation. 2) The enforcement of deregulation reform was better in regions with a transparent government, low corruption, better … exogenous variation in regulation generated by the interaction of reform and its institutional determinants, we find a …

Persistent link: https://www.econbiz.de/10005667109

Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation

Grigolon, Laura; Verboven, Frank - C.E.P.R. Discussion Papers - 2011

We start from an aggregate random coefficients nested logit (RCNL) model to provide a systematic comparison between the tractable logit and nested logit (NL) models with the computationally more complex random coefficients logit (RC) model. We first use simulated data to assess possible...

Persistent link: https://www.econbiz.de/10009322976

The economics of predation: What drives pricing when there is learning-by-doing?

Besanko, David; Doraszelski, Ulrich; Kryukov, Yaroslav - C.E.P.R. Discussion Papers - 2011

Predatory pricing--a deliberate strategy of pricing aggressively in order to eliminate competitors--is one of the more contentious areas of antitrust policy and its existence and efficacy are widely debated. The purpose of this paper is to formally characterize predatory pricing in a modern...

Persistent link: https://www.econbiz.de/10009385767

Competition Policy and Productivity Growth: An Empirical Assessment

Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - C.E.P.R. Discussion Papers - 2009

This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor Productivity (TFP) growth for 22 industries in 12 OECD countries over the period 1995-2005. We find a robust positive and significant effect of competition policy as measured by...

Persistent link: https://www.econbiz.de/10008528531

Optimal market design

Boone, Jan; Goeree, Jacob K. - C.E.P.R. Discussion Papers - 2010

approach can be used to determine the optimal combination of market regulation and innovation policies such as R&D subsidies or …

Persistent link: https://www.econbiz.de/10008530381

Fines, Leniency and Rewards in Antitrust: an Experiment

Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloé; … - C.E.P.R. Discussion Papers - 2009

This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....

Persistent link: https://www.econbiz.de/10004976790

Competition, Competition Policy and the GATT

Hoekman, Bernard; Mavroidis, Petros C - C.E.P.R. Discussion Papers - 1994

This paper argues that further moves to liberalize trade and to implement existing GATT disciplines may have a greater impact on global competition than the pursuit of harmonized multilateral competition policy disciplines. It also suggests that current GATT rules and case law provide scope for...

Persistent link: https://www.econbiz.de/10005123610

When do Countries Introduce Competition Policy?

Forslid, Rikard; Häckner, Jonas; Muren, Astri - C.E.P.R. Discussion Papers - 2005

This paper first presents stylized evidence showing how the date of the introduction of competition policy is correlated with country size. Smaller countries tend to adopt competition policy later. We thereafter present a simple theoretical model with countries of different size and firms...

Persistent link: https://www.econbiz.de/10005123940

Market Definition in the Telecoms Industry

Gual, Jordi - C.E.P.R. Discussion Papers - 2003

Market definition for antitrust purposes is by now firmly rooted in economic analysis both in the US and the EU, even if the approaches are slightly different. This Paper examines the theoretical basis for the legal definitions and assesses whether the general principles need to be adapted when...

Persistent link: https://www.econbiz.de/10005124009

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