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Common Ownership of Competing Firms: Evidence from Australia
Leigh, Andrew; Triggs, Adam - 2021
limitations of the available data, and the potential implications of common ownership for competition in Australia. …
Persistent link: https://www.econbiz.de/10012597433
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Efficiency Wages in Cournot-Oligopoly
de Pinto, Marco; Goerke, Laszlo - 2019
distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …
Persistent link: https://www.econbiz.de/10012059081
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When the Baby Cries at Night: Inelastic Buyers in Non-Competitive Markets
Calzolari, Giacomo; Ichino, Andrea; Manaresi, Francesco; … - 2014
that fix the number of pharmacies in a city, we use RDD to measure the effect of competition on sellers' ability to extract …
Persistent link: https://www.econbiz.de/10010421153
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When the Baby Cries at Night: Inelastic Buyers in Non-Competitive Markets
Calzolari, Giacomo; Ichino, Andrea; Manaresi, Francesco; … - Institute for the Study of Labor (IZA) - 2014
that fix the number of pharmacies in a city, we use RDD to measure the effect of competition on sellers' ability to extract …
Persistent link: https://www.econbiz.de/10010959741
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Who Bears the Welfare Costs of Monopoly? The Case of the Credit Card Industry
Herkenhoff, Kyle; Raveendranathan, Gajendran - 2019
. Transitioning from 1970 to 2016 levels of competition yields welfare gains equivalent to a one-time transfer worth between 1.87 and …How are the welfare costs from monopoly distributed across U.S. households? We answer this question for the U.S. credit … observed in the data. Welfare gains from competitive reforms in the 1970s are equivalent to a one-time transfer worth between 0 …
Persistent link: https://www.econbiz.de/10012180029
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Inequality and Market Concentration, When Shareholding Is More Skewed Than Consumption
Gans, Joshua S.; Leigh, Andrew; Schmalz, Martin; … - 2018
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals or households can be both consumers and shareholders, the impact of market power on inequality depends in part on the relative distribution of consumption and corporate equity...
Persistent link: https://www.econbiz.de/10011984594
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Distributional Effects of Competition: A Simulation Approach
Rodriguez Castelan, Carlos; Araar, Abdelkrim; … - 2021
Welfare and Competition tool (WELCOM), to estimate with minimum data requirements the direct distributional effects of market … telecommunications and corn products. The results show that increasing competition from four to 12 firms in the mobile telecommunications …
Persistent link: https://www.econbiz.de/10012497944
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Tax Policy, Location Choices, and Market Structure
Pfann, Gerard A.; van Kranenburg, Hans - 2002
increase product prices, lower competition, and reduce the availability of new products in small markets. The model?s test is …
Persistent link: https://www.econbiz.de/10010274360
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Tax Policy, Location Choices, and Market Structure
Pfann, Gerard A.; van Kranenburg, Hans - Institute for the Study of Labor (IZA) - 2002
increase product prices, lower competition, and reduce the availability of new products in small markets. The model’s test is …
Persistent link: https://www.econbiz.de/10005566538
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Understanding the Development of Fundamentalism
Gang, Ira N.; Epstein, Gil S. - 2004
We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers? observance level. We model three stylized situations under which fundamentalist groups function, examining the intensity of observance in each. We find that, under reasonable...
Persistent link: https://www.econbiz.de/10010261982