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Estimating consumer damages in cartel cases
Laitenberger, Ulrich; Smuda, Florian - 2013
We use consumer panel data to calculate the damage suffered by German consumers due to a detergent cartel that was active between 2002 and 2005 in eight European countries. Applying before-and-after and difference-in-differences estimations we find average overcharges between 6.7 and 6.9 percent...
Persistent link: https://www.econbiz.de/10010128730
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Haftungsregeln und Innovation
Czarnitzki, Dirk; Kraft, Kornelius - 2000
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity … involves risk. On the one hand, the risk of firm owners is limited if their liability is limited. On the other hand credits … will be more difficult to receive if liability is limited. The paper first discusses these issues theoretically and then …
Persistent link: https://www.econbiz.de/10011444773
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The effects of cartel damage compensations
Hunold, Matthias - 2013
Damage compensation claims in case of cartels are supposed to increase deterrence, compensate losses and increase efficiency. I show that such claims can instead have adverse effects: If suppliers or buyers of cartelists are compensated in proportion to the profits lost due to the cartel,...
Persistent link: https://www.econbiz.de/10010194468
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A primer on damages of cartel suppliers : determinants, standing US vs. EU and econometric estimation
Bueren, Eckart; Smuda, Florian - 2013
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10009787408
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A primer on damages of cartel suppliers : determinants, standing US vs. EU and econometric estimation
Bueren, Eckart; Smuda, Florian - 2014 - First version: August 2013, this version: September 2014
, with exemplary looks at England and Germany, thereby delineating the boundaries of the right to damages in different legal …
Persistent link: https://www.econbiz.de/10010468358
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Toward a coherent policy on cartel damages
Franck, Jens-Uwe; Peitz, Martin - 2017
The focus of cartel damages law is on the recovery of the cartel overcharge. Parties other than purchasers are often neglected, not only as a matter of judicial practice, but also due to legal restrictions. We argue that a narrow concept of standing - which excludes parties that supply either...
Persistent link: https://www.econbiz.de/10011595130
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New evidence on determinants of IP litigation : a market-based approach
Czarnitzki, Dirk; Criekingen, Kristof van - 2018
We contribute to the economic literature on patent litigation by taking a new perspective. In the past, scholars mostly focused on specific litigation cases at the patent level and related technological characteristics to the event of litigation. However, observing IP disputes suggests that not...
Persistent link: https://www.econbiz.de/10011816416
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A primer on damages of cartel suppliers : determinants, standing US vs. EU and econometric estimation
Bueren, Eckart; Smuda, Florian - 2013 - First version: August 2013, this version: October 2013
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10010228570
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Earnings losses after non-employment increase with age
Zwick, Thomas (contributor) - 2008
This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...
Persistent link: https://www.econbiz.de/10003728393
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Heterogeneous labour markets in a microsimulation-AGE model : application to welfare reform in Germany
Boeters, Stefan (contributor); Feil, Michael (contributor) - 2008
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424