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Empirical methods in the analysis of collusion
Paha, Johannes - 2010
are descriptive but need not be universally valid. This paper opens up the black box called econometrics for competition …
Persistent link: https://www.econbiz.de/10010286407
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Multi-Market Competition and Coordination in Games
Ganslandt, Mattias - 1997
This thesis consists of one essay in industrial organization and two essays in non-cooperative game theory.
Persistent link: https://www.econbiz.de/10010334644
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Product innovation and product innovation marketing: theory and microeconometric evidence
Kaiser, Ulrich - 2001
This paper derives a three stage Cournot?oligopoly game for product innovation, expenditure on introducing the product and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if the innovating firm invests in marketing, so that...
Persistent link: https://www.econbiz.de/10010297768
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Maximal Cartel Pricing and Leniency Programs
Houba, Harold; Motchenkova, Evgenia; Wen, Quan - 2008
antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …
Persistent link: https://www.econbiz.de/10010325912
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Weltölmärkte: Angebotsmacht der OPEC ungebrochen
von Hirschhausen, Christian; Holz, Franziska; Huppmann, … - In: DIW Wochenbericht 76 (2009) 23, pp. 370-375
Trotz des starken Rückgangs der Rohölpreise seit dem Herbst 2008 ist das Preisniveau mit gegenwärtig rund 60 US-Dollar pro Fass immer noch deutlich höher als im langfristigen Durchschnitt. Die Marktmacht der Organisation erdölexportierender Länder (OPEC) ist nach wie vor sehr groß und...
Persistent link: https://www.econbiz.de/10011602007
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Cartels, managerial incentives, and productive efficiency in German coal mining, 1881-1913
Burhop, Carsten; Lübbers, Thorsten - 2008
In this paper, we evaluate the impact of cartelisation and managerial incentives on the productive efficiency of German coal mining corporations. We focus on coal mining in the Ruhr district, Germany's main mining area. We use stochastic frontier analysis and an unbalanced dynamic panel data set...
Persistent link: https://www.econbiz.de/10010264842
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Is cartelisation profitable? A case study of the Rhenish Westphalian Coal Syndicate, 1893-1913
Lübbers, Thorsten - 2009
precisely, we consider the Rhenish-Westphalian Coal Syndicate, a coal cartel that operated in Imperial Germany in the late 19th … event study methodology to asses the reaction of the stock market to the foundation of the cartel and two major revisions of … data in a dynamic panel data framework. Overall, our results suggest that the investigated cartel had no significant effect …
Persistent link: https://www.econbiz.de/10010266957
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A model for the global crude oil market using a multi-pool MCP approach
Huppmann, Daniel; Holz, Franziska - 2009
This paper proposes a partial equilibrium model to describe the global crude oil market. Pricing on the global crude oil market is strongly influenced by price indices such as WTI (USA) and Brent (Northwest Europe). Adapting an approach for pool-based electricity markets, the model captures the...
Persistent link: https://www.econbiz.de/10010271092
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Representing GASPEC with the World Gas Model
Egging, Ruud; Holz, Franziska; von Hirschhausen, … - 2008
withhold production. The results shows that compared to a Base Case, a gas cartel would reduce total supplied quantities and …
Persistent link: https://www.econbiz.de/10010274286
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Can Imports Discipline Collusive Firms? The Case of the Philippine Cement Industry
Aldaba, Rafaelita M. - 2008
the impact of trade liberalization on the Philippine cement industry where alleged cartel activities have taken place …
Persistent link: https://www.econbiz.de/10011429874