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If countries anticipate Bertrand competition in tax rates, they may expend effort that makes some of their tax payers less mobile or increases the mobility of tax payers elsewhere. I provide piecemeal evidence on what activities countries use. I analyse how such activities interact with Bertrand...
Persistent link: https://www.econbiz.de/10013316737
the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage estimating procedure …
Persistent link: https://www.econbiz.de/10013312849
mechanism considered in the paper is based on that multiproduct shipments allow splitting fixed costs per shipment across many … products and, therefore, reducing total shipment costs. As a result, more developed countries tend to have lower fixed costs …-product shipments in determining shipping costs …
Persistent link: https://www.econbiz.de/10013315049
of immobile residents. Investment is costly: Quadratic installation and de-installation costs limit the mobility of … and effects of changes in installation costs are ambiguous …
Persistent link: https://www.econbiz.de/10013316964
We set up a model to analyze the effects of mergers between sellers of complementary components where firms invest in … 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
This paper investigates the effects of mergers on the product mix of multiproduct firms. Thus, we open the black box of … post-merger efficiency improvements to reveal a new margin of adjustment along the product dimension. We analyze horizontal … mergers in a theoretical model where oligopolistic firms employ a flexible manufacturing technology and allocate assets …
Persistent link: https://www.econbiz.de/10013290783
We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in … cases where exit costs in relation to (outlet-specific) fixed costs are high. Our empirical analysis of the Austrian retail … to lead to an underestimate of market power in structural merger analysis. …
Persistent link: https://www.econbiz.de/10010261269
In several European merger cases competition authorities have demanded that the merging firm auctions off virtual …
Persistent link: https://www.econbiz.de/10010261290
uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition … private signals or more correlation among the costs parameters. In fact, for large values of noise or correlation supply …
Persistent link: https://www.econbiz.de/10010264447
A finite number of sellers (n) compete in schedules to supply an elastic demand. The costs of the sellers have … with more noise in the private signals or more correlation among the costs parameters. In fact, for large values of noise …
Persistent link: https://www.econbiz.de/10010276986