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Persistent link: https://www.econbiz.de/10000998173
This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...
Persistent link: https://www.econbiz.de/10010439390
This paper studies the relation between discrete-time and continuoustime principal-agent models. We derive the continuous-time model as a limit of discretetime models with ever shorter periods and show that optimal incentive schemes in the discrete-time models approximate the optimal incentive...
Persistent link: https://www.econbiz.de/10010440973
Persistent link: https://www.econbiz.de/10001712023
Persistent link: https://www.econbiz.de/10001713872
This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...
Persistent link: https://www.econbiz.de/10010366559
Persistent link: https://www.econbiz.de/10013443125
Persistent link: https://www.econbiz.de/10013428520