Showing 1 - 10 of 292
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of firms in the markets. We empirically test this aspect of...
Persistent link: https://www.econbiz.de/10011481190
stress that competition and regulatory authorities should take seriously the potential trade-off between market power effects …
Persistent link: https://www.econbiz.de/10011659539
This paper empirically investigates the advertising competition in the French broadcast television industry within a … oligopoly competition and identify the shape and magnitude of the feedback loop between TV viewers and advertisers. We also … implement a simple procedure to identify the conduct of firms on the market. We find that the nature of competition in the …
Persistent link: https://www.econbiz.de/10011646956
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10012104042
extent of competition from substitute products. I estimate that, in 2019, public corporations produced consumer surplus in …
Persistent link: https://www.econbiz.de/10013503368
of multi-homing on both sides is mostly ignored in the literature on competition between two-sided platforms. We help … fill this gap by developing a model for platform competition in a differentiated setting (a Hoteling line), which is …
Persistent link: https://www.econbiz.de/10012171750
competition model with entry in which exchanges supply technological services, and have market power. We find that technological … services can be strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior …
Persistent link: https://www.econbiz.de/10011954459
The relationship between competition and performance-related pay has been analyzed in single … competition when aggregated firm data is used. -- Cournot competition ; contract delegation ; moral hazard ; entry ; market size …
Persistent link: https://www.econbiz.de/10003790640
local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive … banks to further cultivate their extensive ties with customers. -- interbank competition ; market organizational structure …
Persistent link: https://www.econbiz.de/10003979983
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … of market competition. This study shows that inflation decreases with greater market competitiveness even after … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …
Persistent link: https://www.econbiz.de/10009489291