Similar Search Results

Energy Policy Issues after Privatisation

Newbery, David M G - C.E.P.R. Discussion Papers - 1986

The purpose of this paper is to investigate how energy policy should respond to the changes in the organisation of energy sector associated with privatisation. The paper begins with a brief review of how energy policy was perceived before the 1973 oil shock, and the lessons learned from...

Persistent link: https://www.econbiz.de/10005666940

Asymmetric Broadband Wholesale Regulation

Hoernig, Steffen - C.E.P.R. Discussion Papers - 2011

existing access regulation is based on a single essential network. We show that continued asymmetric access regulation of one … network does not control sufficiently for market power and benefits the unregulated network, and that symmetric regulation … would lead to higher consumer surplus. Furthermore, the whole setup of access regulation may not be viable in the long run …

Persistent link: https://www.econbiz.de/10009024485

Are the Costs of Cleaning Up Eastern Europe Exaggerated? Economic Reform and the Environment

Hughes, Gordon - C.E.P.R. Discussion Papers - 1990

Widespread concern has been expressed that the costs of reducing environmental pollution in Eastern Europe will divert resources that would otherwise be available for industrial modernization. In fact, apart from a number of severely damaged areas, the general level of exposure to major...

Persistent link: https://www.econbiz.de/10005281413

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

Leniency and Whistleblowers in Antitrust

Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2006

The paper reviews the recent evolution of leniency programs for cartels in the US and EU, surveys their theoretical economic analyses, and discusses the empirical and experimental evidence available, also looking briefly at related experiences of rewarding whistleblowers in other fields of law...

Persistent link: https://www.econbiz.de/10005662235

Information Aggregation, Strategic Behaviour and Efficiency in Cournot Markets

Vives, Xavier - C.E.P.R. Discussion Papers - 1998

When is the modeller introducing more error when analysing a Cournot market with private cost information - when ignoring market power or when ignoring the impact of incomplete information? Is the welfare loss at the market outcome driven by private information or by market power? The answer,...

Persistent link: https://www.econbiz.de/10005662375

Computing Abuse Related Damages in the Case of New Entry: An Illustration for the Directory Enquiry Services Market

Martinez Granado, Maite; Siotis, Georges - C.E.P.R. Discussion Papers - 2006

A number of European countries, among which the UK and Spain, have opened up their Directory Enquiry Services (DQs) market to competition. In Spain, both local and foreign firms challenged the incumbent as of April 2003. The latter abused its dominant position by providing an inferior quality...

Persistent link: https://www.econbiz.de/10005666507

Quantifying the Effects from Horizontal Mergers in European Competition Policy

Ivaldi, Marc; Verboven, Frank - C.E.P.R. Discussion Papers - 2001

This Paper starts from a recent case studying how merger analysis in Europe may potentially be improved through simulation analysis. Starting from the product and geographic market definition in the Merger Decision, we formulate and estimate an oligopoly model with differentiated products. The...

Persistent link: https://www.econbiz.de/10005666636

Sequencing the Transition

Newbery, David M G - C.E.P.R. Discussion Papers - 1991

The inefficiency of Soviet-type economies results from their monopolized production structure, which makes soft budget constraints almost inevitable, as enterprises have bargaining power and must face expropriative tax rates for macroeconomic stability. Systemic reform aims to improve...

Persistent link: https://www.econbiz.de/10005667112

1
2
3
4
5
6
7
8
9
10
Next
Last