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Global giants and local stars : how changes in brand ownership affect competition
Alviarez, Vanessa; Head, Keith; Mayer, Thierry - 2021
We assess the consequences for consumers in 76 countries of multinational acquisitions in beer and spirits. Outcomes depend on how changes in ownership affect markups versus efficiency. We find that owner fixed effects contribute very little to the performance of brands. On average, foreign...
Persistent link: https://www.econbiz.de/10012583906
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Screening adaptive cartels
Ortner, Juan; Chassang, Sylvain; Kawai, Kei; … - 2022
Persistent link: https://www.econbiz.de/10013412429
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Impact of macro-economic environment on diversification-performance relationship : a cross country study of India and Japan
Purkayastha, Saptarshi - 2013
and Japan have been chosen as they represent different macroeconomic conditions in which firms operate. Research following … macroeconomic conditions in India and Japan during periods of scarcity. The study also examines the moderating influence of group …
Persistent link: https://www.econbiz.de/10009722007
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The changing landscape of financial markets in Europe, the United States and Japan
Bijlsma, Michiel J.; Zwart, Gijsbert T. J. - 2013
We compare the structure of the financial sectors of the EU27, Japan and the United States, looking at a set of 23 … classified as market-based (MBEU) and the third group is more bank-based (BBEU). We compare US, MBEU, BBEU, Eastern EU and Japan …, MBEU countries are closer to the (market-based) US, while BBEU countries more closely resemble Japan. Paradoxically …
Persistent link: https://www.econbiz.de/10009765736
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The neofunctional logic of EU external competition policy engagement : multilateral relations
Plavec, Patrik - 2021
This working paper examines the conditions under which the European Union (EU) engages externally in competition policy. In addition, it tests the appropriateness of applying a neofunctionalist approach to specify the conditions under which the EU engages externally in this policy area. The...
Persistent link: https://www.econbiz.de/10013286639
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The neofunctional logic of EU external competition policy engagement : bilateral relations
Plavec, Patrik - 2021
This working paper examines the conditions under which the European Union (EU) engages externally in competition policy and tests the appropriateness of applying a neofunctionalist approach for specifying the conditions under which the EU engages externally in this policy area. The working paper...
Persistent link: https://www.econbiz.de/10013286640
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Competition in generative artificial intelligence foundation models
Carugati, Christophe - 2023
Foundation models (FMs) are the origin of breakthrough innovations in generative artificial intelligence (AI) applications, such as ChatGPT. Only responsible developments in competitive markets can help ensure that FMs deliver their full benefits at minimum risk. FM developers require language...
Persistent link: https://www.econbiz.de/10014316286
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The role of competition in the transition to climate neutrality
Zachmann, Georg - 2022
The transition to climate neutrality requires the reallocation of production factors from polluting activities to non-polluting activities. The main push for this reallocation will come from governmental decarbonisation targets that are translated into stringent climate policy tools, such as...
Persistent link: https://www.econbiz.de/10013373117
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Super-grids and concentrated solar power : a scenario analysis with the WITCH model
Massetti, Emanuele; Ricci, Elena Claire - 2011
We extend the WITCH model to consider the possibility to produce and trade electricity generated by large scale concentrated solar power plants in highly productive areas that are connected to the demand centres through High Voltage Direct Current (HVDC) cables. We find that it becomes optimal...
Persistent link: https://www.econbiz.de/10009152215
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Warrant economics, call-put policy options and the fallacies of economic theory
Hatgioannides, John; Karanassou, Marika - 2011
In this paper we aim to trace the roots of the ongoing economic mayhem and to unmask the chorus of the tragedy which plays on the world stage. The main thesis of our work is that, despite the triumphant rhetoric praising the merits of perfect competition, the global fields of the dysfunctional...
Persistent link: https://www.econbiz.de/10009488633