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A nation-wide laboratory : examining trust and trustworthiness by integrating behavioral experiments into representative survey

Fehr, Ernst; Fischbacher, Urs; Rosenbladt, Bernhard von; … - 2003

the power of our approach with the analysis of trust and trustworthiness in Germany bycombining representative survey data …

Persistent link: https://www.econbiz.de/10011402471

Vertical integration and downstream collusion

Biancini, Sara; Ettinger, David - 2016

We investigate the effect of a vertical merger on downstream firms' ability to collude in a repeated game framework. We show that a vertical merger has two main effects. On the one hand, it increases the total collusive profits, increasing the stakes of collusion. On the other hand, it creates...

Persistent link: https://www.econbiz.de/10011482885

The sociology of cartels

Haucap, Justus; Heldman, Christina - 2022

for years or even decades. While the literature has presented several determinants of cartel stability, the vast majority …, the communication and internal structures within the cartels as well as their breakup. Our results indicate that cartel … individuals involved in these 15 cartels were female, suggesting that gender also plays a role for cartel formation. We further …

Persistent link: https://www.econbiz.de/10013362394

Financial development and export concentration

Unger, Florian - 2023

This paper analyzes the impact of financial development on export concentration. I incorporate credit constraints into a trade model with heterogeneous exporters and endogenous quality choice. The model predicts that financial development increases innovation activity and export shares of larger...

Persistent link: https://www.econbiz.de/10014228271

Determinants of trade partner concentration : an analysis for European countries

Afonso, António; Alves, José; Menescal, Lucas; … - 2024

After computing the Gini and Herfindahl-Hirschman indexes for exports and imports partner concentration for a set of 31 European countries between 1995 and 2023, we analyse the role of macroeconomic, institutional and uncertainty effects on the partner concentration (diversification) of exports...

Persistent link: https://www.econbiz.de/10015125403

Growing by the masses revisiting the link between firm size and market power

Afrouzi, Hassan; Drenik, Andres; Kim, Ryan - 2020

How are a firm's size and market power related to one another? Combining micro-data about producers and consumers, we document that while firms mainly grow by selling to more customers, their markups are only associated with their average sales per customer. To study the macroeconomic...

Persistent link: https://www.econbiz.de/10012300240

Evaluating market consolidation in mobile communications

Genakos, Christos; Valletti, Tommaso M.; Verboven, Frank - 2017

We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...

Persistent link: https://www.econbiz.de/10011659539

Market integration, wage concentration, and the cost and volume of traded machines

Edwards, Terence Huw; Perroni, Carlo - 2014

We investigate the theoretical relationship between wage concentration and international market integration. Access to imported varieties lowers the cost of intermediate inputs (“machines”) used to carry out production tasks, causing workers with different comparative abilities to be sorted...

Persistent link: https://www.econbiz.de/10010412753

Ethnic geography : measurement and evidence

Hodler, Roland; Valsecchi, Michele; Vesperoni, Alberto - 2017

The effects of ethnic geography, i.e., the distribution of ethnic groups across space, on economic, political and social outcomes are not well understood. We develop a novel index of ethnic segregation that takes both ethnic and spatial distances between individuals into account. Importantly, we...

Persistent link: https://www.econbiz.de/10011747456

The dynamic interplay of inequality and trust : an experimental study

Greiner, Ben (contributor); Ockenfels, Axel (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003624788