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Harrington, Joseph E. - 2005

This study characterizes the corporate leniency policy that minimizes the frequency with which collusion occurs. Though it can be optimal to provide only partial leniency, plausible sufficient conditions are provided whereby the antitrust authority should waive all penalties for the first firm...

Persistent link: https://www.econbiz.de/10010293443

Price response, asymmetric information, and competition

Sherman, Joshua; Weiss, Avi - 2012

We compare predictions from a theoretical model based on the structure of the main outdoor retail market in Jerusalem with the results of an empirical analysis of price response to changes in cost. We find that firms without adjacent competition exhibit both upward and downward price rigidity,...

Persistent link: https://www.econbiz.de/10010336014

Rent sharing and gender discrimination in collegiate athletics

Lackner, Mario; Zulehner, Christine - 2013

In this paper, we analyze the effect of market power on the share of females in top management positions using data from a market in which some firms have market power due to an institutionalized cartel. We investigate collegiate athletics and interpret coaches as top-level managers or chief...

Persistent link: https://www.econbiz.de/10010368250

Impact of Cartel Enforcement on Compliance in the Chemical Industry

De Stefano, Gianni; Stephan, Andreas - 2021

This paper undertakes a qualitative analysis of the relationship between EU cartel enforcement in the chemical industry in the period 1997-2010 and compliance measures announced in the Annual Reports of the undertakings involved. It goes on to focus on Akzo Nobel NV’s unique use of an internal...

Persistent link: https://www.econbiz.de/10013212928

The role of information in pharmaceutical advertising: Theory and evidence

Marquardt, Kelli; Ryan, Conor - 2023

This paper theoretically and empirically examines the role of information in the practice of pharmaceutical detailing (promotional interactions between drug representatives and physicians). We start with a theoretical framework in which pharmaceutical firms target detailing visits to physicians...

Persistent link: https://www.econbiz.de/10014480448

Estimating the economic effects of deregulation: Evidence from the Turkish airline industry

Çetin, Tamer; Eryiğit, Kadir Y. - 2015

, and the number of passengers in the Turkish airline industry. The findings confirm that deregulation increases quantity …

Persistent link: https://www.econbiz.de/10011440116

Oil price shocks and the hedging benefit of airline investments

Güntner, Jochen; Öhlinger, Peter - 2021

Hamilton (2019), we investigate the conditional comovement of airline stock returns with real oil prices in response to … structural oil supply and demand shocks. We find that investing in the Datastream World Airline Index offers a hedging benefit … negative comovement following shocks to world economic activity and airline stock returns. …

Persistent link: https://www.econbiz.de/10012800469

An empirical analysis of airline business model convergence

Daft, Jost; Albers, Sascha - 2014

Based on a sample of 26 European passenger airlines, this study analyzes the development of airline business models … convergence trend. The present paper complements the mostly qualitative and anecdotal literature on convergence in the airline … the fields of empirical convergence analysis and corresponding strategic airline management. …

Persistent link: https://www.econbiz.de/10010435710

Addressing New Service Sector in WTO/FTAs: Express Delivery and India

Mukherjee, Arpita; Pal, Parthapratim; Goswami, Ramneet - 2010

The service sector is evolving. New services and new modes of delivering existing services have increased the complexities of services negotiations in the WTO and in FTAs. The WTO negotiations focus on market access but FTAs tend to go beyond market access to seeking regulatory commitments from...

Persistent link: https://www.econbiz.de/10011807657

Assessing the impact of the September 11 terrorist attacks on US airline demand

Ito, Harumi; Lee, Darin - 2003

This paper assesses the impact of the September 11th terrorist attacks and its after-effects on U.S. airline demand …

Persistent link: https://www.econbiz.de/10010318855