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Market Power, Multimarket Contact and Pricing: Some Evidence from the US Automobile Market
Leheyda, Nina - 2008
firm behaviour, which could also facilitate collusion. In other words, it is difficult to argue whether coordination is due …
Persistent link: https://www.econbiz.de/10010298700
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Geographical and Multi-product Linkages of Markets: Impact on Firm Equilibrium Interactions (Some Evidence from the European Car Market)
Leheyda, Nina - 2008
This paper aims to study geographical and multi-product linkages of markets (multiple market presence) and firm behaviour interdependence as a result of such linkages existence. In particular, it attempts to answer whether the multimarket linkages lead to more cooperative behaviour among the...
Persistent link: https://www.econbiz.de/10010298701
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Forward trading and collusion in supply functions
Wölfing, Nikolas - 2019
This paper studies the effect of forward contracts on the stability of collusion among firms, competing in supply … functions on the spot market. A forward market can increase the range of discount factors which allow to sustain collusion. On … the contrary, collusion is destabilised when a potential deviator sells a significant amount forward. Results do not …
Persistent link: https://www.econbiz.de/10011969225
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Do pay-as-bid auctions favor collusion? Evidence from Germany's market for reserve power
Heim, Sven; Götz, Georg - 2013
We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
Persistent link: https://www.econbiz.de/10010313122
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Market Power, Multimarket Contact and Pricing: Some Evidence from the US Automobile Market
Leheyda, Nina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
firm behaviour, which could also facilitate collusion. In other words, it is difficult to argue whether coordination is due …
Persistent link: https://www.econbiz.de/10005098097
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Geographical and Multi-product Linkages of Markets: Impact on Firm Equilibrium Interactions (Some Evidence from the European Car Market)
Leheyda, Nina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
This paper aims to study geographical and multi-product linkages of markets (multiple market presence) and firm behaviour interdependence as a result of such linkages existence. In particular, it attempts to answer whether the multimarket linkages lead to more cooperative behaviour among the...
Persistent link: https://www.econbiz.de/10005098329
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Do pay-as-bid auctions favor collusion? Evidence from Germany's market for reserve power
Heim, Sven; Götz, Georg - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
Persistent link: https://www.econbiz.de/10010985633
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Revisiting the Impact of Union Structures on Wages: Integrating Different Dimensions of Centralisation
Gürtzgen, Nicole - 2003
In a framework of a unionised oligopoly, this paper reconsiders the impact of the bargaining structure on union wages. In particular, two dimensions along which centralisation may occur, namely the professional and firm line, are integrated into one modelling framework. It will be shown that,...
Persistent link: https://www.econbiz.de/10010297276
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International Coordination of Quality Standards and Vertical Product Differentiation
Lutz, Stefan - 2003
I study the influence of minimum quality standards in a partial-equilibrium model of vertical product differentiation and trade in which duopolistic firms face quality-dependent costs and compete in quality and price in two segmented markets. Three alternative standard setting arrangements are...
Persistent link: https://www.econbiz.de/10010297292
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Concubinage or Marriage? Informal and Formal Cooperations for Innovation
Keilbach, Max; Bönte, Werner - 2004
Based on a sample of German innovating firms that contains information on formal and informal innovation cooperation between customers and suppliers, we state that firms perceive informal cooperation as being more important than formal cooperation modes. We then investigate the determinants of...
Persistent link: https://www.econbiz.de/10010297327