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From partisanship to preference : how identity shapes dependence aversion
Freundt, Jana; Herz, Holger - 2024
We study how individuals’ willingness to delegate choice is affected by heterogeneity in identity between the delegee and the delegate. While it is straightforward that such heterogeneity can affect delegation for instrumental reasons, we show experimentally that divergent identity also causes...
Persistent link: https://www.econbiz.de/10015051753
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Competition and innovation in automobile markets
Ghosal, Vivek; Ni, Jiayao - 2015
Using data from the US automobile market, we empirically examine the link between competition and innovation. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic importance, market dynamics, and the significant...
Persistent link: https://www.econbiz.de/10011342391
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On the effects of mergers on equilibrium outcomes in a common property renewable asset oligopoly
Benchekroun, Hassan; Gaudet, Gérard - 2014
. That includes mergers that are known to be unprofitable in the corresponding static equilibrium framework. …
Persistent link: https://www.econbiz.de/10010434092
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Market concentration and product variety under spatial competition : evidence from retail gasoline : presented at CESifo Venice Summer Institute, Workshop on Recent Developments in...
Goetz, Georg; Gugler, Klaus - 2004
We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …
Persistent link: https://www.econbiz.de/10011451069
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Concentration and competition : evidence from Europe and implications for policy
Koltay, Gábor; Lorincz, Szabolcs; Valletti, Tommaso M. - 2022
The paper provides new evidence on proxy indicators of market power for major European countries. The data shows moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high concentration industries, and an overall tendency towards...
Persistent link: https://www.econbiz.de/10013166348
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Competition and mergers with strategic data intermediaries
Bounie, David; Dubus, Antoine; Waelbroeck, Patrick - 2021
We analyze competition between data intermediaries collecting information on consumers, which they sell to firms for price discrimination purposes. We show that competition between data intermediaries benefits consumers by increasing competition between firms, and by reducing the amount of...
Persistent link: https://www.econbiz.de/10012628762
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Assessing EU merger control through compensating efficiencies
Affeldt, Pauline Luise; Duso, Tomaso; Gugler, Klaus; … - 2021
Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally …. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies … that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the …
Persistent link: https://www.econbiz.de/10012668490
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Market concentration in Europe : evidence from antitrust markets
Affeldt, Pauline Luise; Duso, Tomaso; Gugler, Klaus; … - 2021
use a novel database that identifies over 20,000 product/geographic antitrust markets affected by over 2,000 mergers …
Persistent link: https://www.econbiz.de/10012421242
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A simple model of mergers and innovation
Federico, Giulio; Langus, Gregor; Valletti, Tommaso M. - 2017
We analyze the impact of a merger on firms' incentives to innovate. We show that the merging parties always decrease their innovation efforts post-merger while the outsiders to the merger respond by increasing their effort. A merger tends to reduce overall innovation. Consumers are always worse...
Persistent link: https://www.econbiz.de/10011669398
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Non-horizontal mergers with investments into compatibility
Langus, Gregor; Lipatov, Vilen; Padilla, Atilano Jorge - 2019
We set up a model to analyze the effects of mergers between sellers of complementary components where firms invest in …
Persistent link: https://www.econbiz.de/10012001659