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Media coverage and pandemic behaviour : evidence from Sweden
Garz, Marcel; Zhuang, Maiting - 2022
collect a unique dataset of 200,000 newspaper articles about the Covid-19 pandemic from Sweden - one of the few countries that …
Persistent link: https://www.econbiz.de/10014425855
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A product-market theory of industry-specific training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2006
We develop a product market theory that explains why firms provide their workers with skills that are sufficiently … competition. Equilibria with and without training, and multiple equilibria can emerge. If competition is sufficiently soft and …
Persistent link: https://www.econbiz.de/10003387557
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Globalization and general worker training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2004 - [Elektronische Ressource]
-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus …
Persistent link: https://www.econbiz.de/10001957223
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Infrastructure quality in deregulated industries : is there an underinvestment problem
Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2002 - [Elektronische Ressource]
under vertical integration, though we also provide counter-examples. The introduction of downstream competition for the …
Persistent link: https://www.econbiz.de/10001729423
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A product market theory of worker training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2003 - [Elektronische Ressource]
We develop a product market theory that explains why firms invest in general training of their workers. We consider a … employees and finally engage in imperfect product market competition. Equilibria with and without training, and multiple … equilibria can emerge. If competition is suffciently soft and trained workers are substitutes, firms may invest in non …
Persistent link: https://www.econbiz.de/10001729428
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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
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Asymmetric vertical integration
Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2004 - Revised version
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
Persistent link: https://www.econbiz.de/10001783575
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Downstream investment in oligopoly
Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2003 - [Elektronische Ressource]
We examine cost-reducing investment in vertically-related oligopolies, where firms may be vertically integrated or separated. Analyzing a standard linear Cournot model, we show that: (i) Integrated firms invest more than separated competitors. (ii) Vertical integration increases own investment...
Persistent link: https://www.econbiz.de/10001807376
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Deregulating network industries : dealing with price-quality tradeoffs
Bühler, Stefan (contributor); Gärtner, Dennis (contributor) - 2004 - January 2004, revised October 2005
This paper examines the effects of introducing competition into monopolized network industries on prices and …
Persistent link: https://www.econbiz.de/10001957196
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On regulation and competition : pros and cons of a diversified monopolist
Scarpa, Carlo; Calzolari, Giacomo - 2009 - This version: June 2009
(with price and quantity competition) and optimal regulation that involves an informational externality to the competitors … ; Competition ; Asymmetric Information ; Conglomerate Firms ; Multiutility ; Scope Economies ; Informational Externality …
Persistent link: https://www.econbiz.de/10008811378