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computationally, allows firms to invest or propose mergers according to the relative profitability of these strategies. An antitrust … authority is able to block mergers at some cost. We examine the optimal policy when the antitrust authority can commit to a …We study optimal merger policy in a dynamic model in which the presence of scale economies implies that firms can …
Persistent link: https://www.econbiz.de/10013055198
recent trends, and perspectives for undertaking research with micro-data from these labor platforms. We undertake new …-connected exchanges on digital platforms, 2) gravity model analyses of global outsourcing contract flows and their determinants for …
Persistent link: https://www.econbiz.de/10012956400
We study how search and information frictions shape market dynamics in global e-commerce. Observational data and self-collected quality measures from AliExpress establish the existence of search and information frictions. A randomized experiment that offers new exporters exogenous demand and...
Persistent link: https://www.econbiz.de/10014244045
platforms for pet-sitting services. We exploit variation in pre-merger market shares and a difference-in-differences approach to …Digital platforms are increasingly the subject of regulatory scrutiny. In comparison to multiple competitors, a single … in platform variety. We study the net effect of this trade-off in the context of the merger between the two largest …
Persistent link: https://www.econbiz.de/10014090941
Despite the fact that one-third of worldwide mergers involve firms from different countries, the vast majority of the … academic literature on mergers studies domestic mergers. What little has been written about cross-border mergers has focused on … public firms, usually from the United States. Yet, the vast majority of cross-border mergers involve private firms that are …
Persistent link: https://www.econbiz.de/10013158052
Handbook as a forceful argument in favor of a merger between the two disciplines rather than the acquisition of one by the … other; a merger which combines, notably, the detailed knowledge of historical sources, the capability of distilling complex …
Persistent link: https://www.econbiz.de/10014257164
As technology platforms have created new markets and new ways of acquiring information, economists have come to play an …
Persistent link: https://www.econbiz.de/10012910663
Search frictions can explain why the "law of one price" fails in retail markets and why even firms selling commodity products have pricing power. In online commerce, physical search costs are low, yet price dispersion is common. We use browsing data from eBay to estimate a model of consumer...
Persistent link: https://www.econbiz.de/10013032706
Online contract labor globalizes traditionally local labor markets, with platforms that enable employers, most of whom …. This market is growing rapidly; we provide descriptive statistics from one of the leading platforms where the number of …
Persistent link: https://www.econbiz.de/10013062548
of their lower financial risk, but rather because buyers viewed the platform’s decision to guarantee as informative about …
Persistent link: https://www.econbiz.de/10013323442