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Assessing EU Merger Control Through Compensating Efficiencies

Affeldt, Pauline; Duso, Tomaso; Gugler, Klaus Peter; … - 2021

that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission’s merger enforcement being too lax …

Persistent link: https://www.econbiz.de/10013314675

Competitive Imperfect Price Discrimination and Market Power

Belleflamme, Paul - 2019

Two duopolists compete in price on the market for a homogeneous product. They can 'profile' consumers, i.e., identify their valuations with some probability. If both firms can profile consumers but with different abilities, then they achieve positive expected profits at equilibrium. This...

Persistent link: https://www.econbiz.de/10012858202

Arm's Length Provision of Public Services

Bennedsen, Morten; Schultz, Christian - 2021

We analyze the economic consequences of strategic delegation of the right to decide between public or private provision of a governmental service and/or the authority to negotiate and renegotiate with the chosen service provider. Our model encompasses both bureaucratic delegation from a...

Persistent link: https://www.econbiz.de/10013316659

Non-Horizontal Mergers with Investments into Compatibility

Langus, Gregor - 2019

compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also …

Persistent link: https://www.econbiz.de/10012871025

Multiproduct Mergers and the Product Mix in Domestic and Foreign Markets

Chan, Jackie M.L; Irlacher, Michael; Koch, Michael - 2022

post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … and reallocate assets towards core varieties. We further demonstrate that such merger-induced efficiency gains imply … between differentiated varieties. After a merger, acquirers drop products from their consolidated domestic product portfolio …

Persistent link: https://www.econbiz.de/10013290783

Efficient Taxation of Fuel and Road Use

Bjertnæs, Geir H. - 2020

This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...

Persistent link: https://www.econbiz.de/10012844204

Non-Competitive Wage-Setting as a Cause of Unfriendly and Inefficient Leadership

Dur, Robert - 2019

This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...

Persistent link: https://www.econbiz.de/10012861392