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competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher …
Persistent link: https://www.econbiz.de/10013316871
qualitative nature of our findings is similar between Cournot and Bertrand competition, suggesting that our results are robust to …
Persistent link: https://www.econbiz.de/10013131419
This paper studies oligopolistic competition in education markets when schools can be private and public and when the …
Persistent link: https://www.econbiz.de/10013085046
choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited …
Persistent link: https://www.econbiz.de/10013088340
to higher unemployment. Also, increased international competition has no affect on the level of outsourcing, but the … outsourcing. Finally, the effect of increased foreign competition on welfare depends on the relative factor intensities of the two …
Persistent link: https://www.econbiz.de/10012783501
We address the impact of corruption in a developing economy in the context of an empirically relevant hold-up problem - when a foreign firm sinks an investment to provide infrastructure services. We focus on the structure of the economy's bureaucracy, which can be centralized or decentralized,...
Persistent link: https://www.econbiz.de/10012778446
Persistent link: https://www.econbiz.de/10013053519
We assess the causal effect of private tutoring on the probability of university placement in Turkey. We find that tutoring increases the probability of being placed in a university when non-random selection is ignored. Moreover, among those utilizing private tutoring, greater expenditure on...
Persistent link: https://www.econbiz.de/10013325035
, firms are price-makers and wage-setters. Our setting combines monopolistic and monopsonistic competition, thus encapsulating …
Persistent link: https://www.econbiz.de/10013139040
This paper assesses the impact of product market competition on job instability as proxied by the use of fixed … Strategies Survey, I show that job instability rises with competition. In particular, a one standard deviation increase in … competition in an economic sector decreases the probability that a fixed-term worker gets an open-ended contract within that …
Persistent link: https://www.econbiz.de/10013125476