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Competition and Well-Being
Brandts, Jordi; Riedl, Arno; Winden, Frans van - Tinbergen Instituut - 2004
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that … in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff … gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the …
Persistent link: https://www.econbiz.de/10011255651
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Status Anxiety Makes Women Underperform
Schram, Arthur; Brandts, Jordi; Gërxhani, Klarita - Barcelona Graduate School of Economics (Barcelona GSE) - 2015
Competition typically involves two main dimensions, a rivalry for resources and the ranking of relative performances … sometimes underperform under– competition. It has been argued that adapting the institutions under which competition takes place …
Persistent link: https://www.econbiz.de/10011203038
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Competitions with Forward Contracts: A Laboratory Analysis Motivated by Electricity Market Design
Brandts, Jordi; Pezanis-Christou, Paul; Schram, Arthur - Barcelona Graduate School of Economics (Barcelona GSE) - 2003
contracting to a pre-existing spot market. We deal separately with the cases where spot market competition is in quantities and … types of competition the introduction of a forward market significantly lowers prices. The combination of supply function … competition with a forward market leads to high efficiency levels. …
Persistent link: https://www.econbiz.de/10010547195
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Competition and Well-Being
Brandts, Jordi; Riedl, Arno; Winden, Frans van - Barcelona Graduate School of Economics (Barcelona GSE) - 2004
We study the effects of competition in a context in which people's actions can not be contractually fixed. We find that … in such an environment the very presence of competition does neither increase efficiency nor does it yield any payoff … gains for the short side of the market. We also find that competition has a strong negative impact on social well-being, the …
Persistent link: https://www.econbiz.de/10010547347
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Scale Economies and Synergies in Horizontal Merger Analysis
Farrell, Joseph; Shapiro, Carl - Institute of Business and Economic Research (IBER), … - 2000
oligopoly theory regarding cost savings, competition, and consumer welfare. …
Persistent link: https://www.econbiz.de/10010537961
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Competition or Predation? Schumpeterian Rivalry in Network Markets
Farrell, Joseph; Katz, Michael - Institute of Business and Economic Research (IBER), … - 2001
We explore the logic of predation and rules designed to prevent it in markets subject to network effects. Although, as many have informally argued, predatory behavior is plausibly more likely to succeed in such markets, we find that it is particularly hard to intervene in network markets in ways...
Persistent link: https://www.econbiz.de/10010537964
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Scale Economies and Synergies in Horizontal Merger Analysis
Farrell, Joseph; Shapiro, Carl - Institute of Business and Economic Research (IBER), … - 2000
oligopoly theory regarding cost savings, competition, and consumer welfare. …
Persistent link: https://www.econbiz.de/10010538407
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Negotiation and Merger Remedies: Some Problems
Farrell, Joseph - Institute of Business and Economic Research (IBER), … - 2003
Persistent link: https://www.econbiz.de/10010538415
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Competition and Well-Being
Brandts, Jordi; Riedl, Arno; Winden, Frans van - Institute for the Study of Labor (IZA) - 2005
This paper experimentally studies the effects of competition in an environment where people's actions can not be … contractually fixed. We find that, in comparison with no competition, the presence of competition does neither increase efficiency … nor does it yield any gains in earnings for the short side of the exchange relation. Moreover, competition has a clearly …
Persistent link: https://www.econbiz.de/10005763750
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Competition and Well-Being
Brandts, Jordi; Riedl, Arno; Winden, Frans A.A.M. van - C.E.P.R. Discussion Papers - 2006
This paper experimentally studies the effects of competition in an environment where people's actions can not be … contractually fixed. We find that, in comparison with no competition, the presence of competition does neither increase efficiency … nor does it yield any gains in earnings for the short side of the exchange relation. Moreover, competition has a clearly …
Persistent link: https://www.econbiz.de/10005123778