Showing 1 - 10 of 66
We examine how competition affects VAT pass-through in isolated oligopolistic markets as defined by the Greek islands … through to consumers in islands with different market structure. We show that pass-through increases with competition, going … adjustment for VAT changes, as well as a positive relationship between competition and the rate of price adjustment. Finally, we …
Persistent link: https://www.econbiz.de/10014347849
Motivated by the EU concept of Pre-Commercial Procurement and the massivepresence of SMEs in the European economy, we study how budget constraints affect R&D effort in sequential elimination tournaments. We show that introducingbudget constraints leads to a non-monotonicity in unconstrained...
Persistent link: https://www.econbiz.de/10012894985
market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …
Persistent link: https://www.econbiz.de/10012979689
oneself (self-competition), similar to what is found when competing against others (other-competition). In one laboratory and … confidence and suggest that these factors can account for the different findings. Finally, we document that self-competition does … no worse than other-competition in terms of performance boosting …
Persistent link: https://www.econbiz.de/10012963395
We model strategic interaction on a market where two labeling organizations compete and firms in duopoly decide which labels to offer. The incumbent label maximizes its own profit, and is challenged by an industry standard which maximizes industry profit. Using a nested logit, the result of this...
Persistent link: https://www.econbiz.de/10012946460
We analyze market dynamics under Bertrand duopoly competition in industries with network effects and consumer switching …
Persistent link: https://www.econbiz.de/10012724212
This paper proposes an incentive mechanism for transmission expansion planning. The mechanism is a bilevel program. The upper level is a profit-maximizing transmission company (Transco) which expands its transmission system while endogenously predicts and influences the generation investment....
Persistent link: https://www.econbiz.de/10012937314
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states' competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10012951774
Before 2004 South Africa was the dominant steam coal exporter to the European market. However a new market situation with rising global demand and prices makes room for a new entrant: Russia. The hypothesis investigated in this paper is that the three incumbent dominant firms located in South...
Persistent link: https://www.econbiz.de/10014172812
We analyze duopoly Bertrand competition under network effects. We consider both incompatible and compatible products …
Persistent link: https://www.econbiz.de/10014217962