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Towards efficient information sharing in network markets

Martens, Bertin; Parker, Geoffrey; Petropoulos, Georgios; … - 2021

Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information, which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...

Persistent link: https://www.econbiz.de/10013184643

Modern industrial economics and competition policy : open problems and possible limits

Budzinski, Oliver - 2009

Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement. Within the different branches of competition economics, modern industrial economics, or more precisely gametheoretic oligopoly theory, has become the dominating paradigm both in...

Persistent link: https://www.econbiz.de/10003860122

Merger simulation in competition policy : a survey

Budzinski, Oliver; Ruhmer, Isabel - 2009

Advances in competition economics as well as in computational and empirical methods have offered the scope for the employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is, nevertheless, still a very young and innovative instrument...

Persistent link: https://www.econbiz.de/10003821585

An institutional analysis of the enforcement problems in merger control

Budzinski, Oliver - 2010

The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic during the last decade. Furthermore, this drop in enforcement activity is convincingly connected to enforcement problems on the sides of the competition agencies. This paper goes...

Persistent link: https://www.econbiz.de/10003986285

Impact evaluation of merger decisions

Budzinski, Oliver - 2011

This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation,...

Persistent link: https://www.econbiz.de/10009388226

Eliciting information from a committee

Zapechelnyuk, Andriy - 2012

The paper addresses the mechanism design problem of eliciting truthful information from a committee of informed experts …

Persistent link: https://www.econbiz.de/10009517819

Cream Skimming, Dregs Skimming, and Pooling: On the Dynamics of Competitive Screening

Lund, Diderik; Nilssen, Tore - 2003

We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric information. We solve the model numerically. We pay particular attention to the reasons for non-existence in cases where no pooling equilibrium exists. In addition to the phenom- enon...

Persistent link: https://www.econbiz.de/10012142264

Education, reputation or network? : evidence from Italy on migrant workers employability

Mazzanti, Massimiliano; Mancinelli, Susanna; Ponti, Giovanni - 2009

signals to modify employers' beliefs. Relevant mechanisms for reaching this purpose are personal reputation; exploiting ethnic … logit model for immigrants' likelihood of being employed, focusing on the above mentioned mechanisms: reputation, ethnic … private human capital investments. -- Educational Qualifications ; Migrant Networks ; Immigrant Employability ; Reputation …

Persistent link: https://www.econbiz.de/10008810982

Forecasts as repeated cheap talk from an expert of unknown statistical bias

Valsecchi, Irene - 2023

is interested in reputation only, the initial equilibrium partition is finite; E makes announcements of greater …

Persistent link: https://www.econbiz.de/10014390247

Inconsequential harmonization of Danish competition law

Blomgren-Hansen, Niels; Møllgaard, H.Peter - 1999

By replicating Articles 85 and 86 of the EC Treaty the Danish Competition Act (put in force January 1998) constituted a shift from the control principle to the prohibition principle. This is an important improvement from the point of view that regulatory legislation should be designed to give...

Persistent link: https://www.econbiz.de/10012142213

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