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Miyagiwa, Kazuyuki (contributor) - 2007

We examine whether cooperation in R&D leads to product market collusion. Suppose that firms engage in a stochastic R&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates inter-firm asymmetries, which destabilizes the collusive...

Persistent link: https://www.econbiz.de/10003597038

Cartel overcharges and the deterrent effect of EU competition law

Smuda, Florian - 2012

This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several … parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment ….37 percent of the selling price and the average cartel duration is 8.35 years. Certain cartel characteristics and the geographic …

Persistent link: https://www.econbiz.de/10009572459

How do market structures affect decisions on vertical integration/separation

Matsushima, Noriaki; Mizuno, Tomomichi - 2010

We provide a simple model to investigate decisions on vertical integration/separation. The key feature of this model is that more than one input is required for the final products of the local downstream monopolists. Depending on their cost structure, downstream firms' decisions on vertical...

Persistent link: https://www.econbiz.de/10003929957

Organizational structure and technological investment

Macho-Stadler, Inés; Matsushima, Noriaki; Shinohara, … - 2019

We analyze firms' decisions to adopt a vertical integrated or decentralized structure taking into account the characteristics of both the final good competition and the R&D process. We consider two vertical chains, where R&D is conducted by upstream sectors. R&D investment determines the...

Persistent link: https://www.econbiz.de/10012121918

The effect of regulatory scrutiny asymmetric cost pass-through in power wholesale and its end

Mokinski, Frieder; Wölfing, Nikolas - 2013

We find an asymmetric pass-through of European Emission Allowance (EUA) prices to wholesale electricity prices in Germany and show that this asymmetry has disappeared in response to a report on investigations by the competition authority. The asymmetric pricing pattern, however, was not detected...

Persistent link: https://www.econbiz.de/10009784017

Beyond national economy-wide rebound effects : an applied general equilibrium analysis incorporating international spillover effects

Koesler, Simon; Swales, John Kim; Turner, Karen - 2014

This paper proposes that the national focus of energy ‘rebound’ studies should be extended to an international context in the presence of supra-national agreements such as EU 20-20-20. The potential for energy efficiency improvements in one nation to impact energy use in others means that...

Persistent link: https://www.econbiz.de/10010341814

Competition, collusion and spatial sales patterns : theory and evidence

Hunold, Matthias; Hüschelrath, Kai; Laitenberger, Ulrich; … - 2017

on average significantly lower in cartel years than in non-cartel years. …

Persistent link: https://www.econbiz.de/10011724001

Competition, collusion and spatial sales patterns : theory and evidence

Hunold, Matthias; Hüschelrath, Kai; Laitenberger, Ulrich; … - 2017 - This version: December 31, 2017

on average significantly lower in cartel years than in non-cartel years. …

Persistent link: https://www.econbiz.de/10011778632

Market competition, R&D and firm profits in asymmetric oligopoly

Ishida, Junichiro; Matsumura, Toshihiro; Matsushima, Noriaki - 2010

We investigate a Cournot model with strategic R&D investments wherein efficient low-cost firms compete against less efficient high-cost firms. We find that an increase in the number of high-cost firms can stimulate R&D by the low-cost firms, while it always reduces R&D by the high-cost firms....

Persistent link: https://www.econbiz.de/10003981916

Airport privatization and international competition

Matsumura, Toshihiro; Matsushima, Noriaki - 2010

We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can improve welfare. The model consists of a downstream (airline) duopoly with two inputs landings at two airports) and two types of consumers. The airline companies compete...

Persistent link: https://www.econbiz.de/10008655778