Showing 1 - 10 of 219
evidence. Without offsetting tax increases the legislation will plausibly reduce prices but significant entry into the industry …
Persistent link: https://www.econbiz.de/10010576066
competitor. We show that this mechanism is welfare improving but it generates inefficient entry. That is a more efficient …
Persistent link: https://www.econbiz.de/10004968359
The article examines a differentiated-products duopoly model where the firms make entry decisions to two markets and … then choose prices. The effects of product differentiation and entry costs are analyzed in two games: with and without … price discrimination between the markets. Allowing price discrimination encourages more entry and tends to reduce prices and …
Persistent link: https://www.econbiz.de/10005836325
We empirically quantify the welfare implications of bank entry in the United States between 2000 and 2008. We use a … market outcomes. We find no evidence for under- or over-entry. Compared with the socially efficient outcome, there is a mild … significantly improves welfare under free entry. …
Persistent link: https://www.econbiz.de/10010709493
China's food safety system is characterized by widespread under-enforcement of regulations punctuated by high-profile food safety scandals. While there has been a wave of public and scholarly interest, official data on food safety are scarce, and some fundamental questions remain unanswered. We...
Persistent link: https://www.econbiz.de/10010931687
This paper focuses on empirical analysis of the Serbian functional food market and its comparison with those in other Western Balkan countries (WBC). The purpose is to examine whether the existence of regulation, as an institutional precondition, makes a difference on the operating of the...
Persistent link: https://www.econbiz.de/10011039120
The purpose of this paper is to analyze the effect of multimarket contact on the behavior of pharmaceutical firms controlling for different levels of regulatory constraints using IMS MIDAS database. Theoretically, firms that meet in several markets are expected to be capable of sustaining...
Persistent link: https://www.econbiz.de/10010547494
We analyze the effect of multimarket contact on the pricing behavior of pharmaceutical firms controlling for different levels of regulatory constraints using the IMS MIDAS database for the industry. Theoretically, under product differentiation, firms may find it profitable to allocate their...
Persistent link: https://www.econbiz.de/10005772572
, obtained through price control legislation and legislation that eases the entry of generic products into the market, has caused …
Persistent link: https://www.econbiz.de/10004995401
The purpose of this paper is to analyze the effect of multimarket contact on the behavior of pharmaceutical firms controlling for different levels of regulatory constraints using IMS MIDAS database. Theoretically, firms that meet in several markets are expected to be capable of sustaining...
Persistent link: https://www.econbiz.de/10005168475