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renewable energy and which factors impact on this exploitation efficiency? By applying the new quantitative-empirical concept of … exploitation efficiency, we measure the degree, to which regions have exploited their natural and socio-economic potentials of … use a robust, non-parametric efficiency analysis and validate its results by qualitative expert interviews in selected …
Persistent link: https://www.econbiz.de/10012290454
The US Supreme Court's overruling of the pre-existing per se illegality of resale price maintenance and the recommendation of a rule of reason approach in the Leegin decision (2007), raise the question whether other jurisdictions should follow this approach and what future assessments of resale...
Persistent link: https://www.econbiz.de/10010286361
This paper argues that empirical economic analysis in court proceedings is subject to important economic and legal restrictions, cumulating in a fundamental trade-off between accuracy and practicality. We draw lessons from two influential German court cases - the paper wholesaler cartel decision...
Persistent link: https://www.econbiz.de/10010352103
zunächst die positiven Entwicklungen in Deutschland mit Trends in den USA, wo seit 1990 die Relation der Fahrgeldeinnahmen zu … increased financial efficiency of public transport in Germany over the past two decades. Public transport systems reduced their … USA auf die beachtlichen Erfolge deutscher Nahverkehrsunternehmen, die in den letzten 20 Jahren ihre finanzielle …
Persistent link: https://www.econbiz.de/10010377928
This paper analyses the institutional framework for pharmacies in Germany and competition in that sector, which is …
Persistent link: https://www.econbiz.de/10010305916
Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not … compensating differentials will increase both efficiency and fairness, quite in line with the classical position taken by Adam …
Persistent link: https://www.econbiz.de/10010427524
We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate … traditional efficiency scores with stochastic cost and alternative profit frontier analysis. Then, we explicitly allow for … different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal …
Persistent link: https://www.econbiz.de/10010295915
In diesem Papier geben wir einen Überblick über den Wettbewerb und die Effizienz im deutschen Bankensektor. Wir nehmen … dabei die Entwicklung in den letzten 15 Jahren in den Blick. Frühere Studien für Deutschland weisen darauf hin, dass das … scheinen Wettbewerb und Effizienz positiv miteinander verbunden. Des weiteren bestanden deutliche Unterschiede zwischen großen …
Persistent link: https://www.econbiz.de/10010377872
For a general class of oligopoly models with price competition, we analyze the impact of ex-ante leniency programs in antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics including its cartel culture. Our analysis disentangles...
Persistent link: https://www.econbiz.de/10010325912
I find that current US's and EU's Antitrust laws -- in particular their "moderate"' leniency programmes that only reduce or at best cancel sanctions for price-fixing firms that self-report -- may make collusion enforceable even in one-shot competitive interactions, like Bertrand oligopolies and...
Persistent link: https://www.econbiz.de/10011608616