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Cartel Dissolution with Effective Antitrust Policy
Cai, Xiaowei; Stiegert, Kyle W. - Agricultural and Applied Economics Association - AAEA - 2010
Cartel operations still exist worldwide despite the recent development and enforcement of antitrust laws in scores of … 2006). One central issue is then concerned with whether antitrust agency’s spending on cartel detection is optimal to … spending by the antitrust agency when cartel’s profit is uncertain, link the theoretical findings with the observed real world …
Persistent link: https://www.econbiz.de/10009020677
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Intermodal competition in the Brazilian interstate travel market
Turolla, Frederico Araújo; Vassallo, Moisés Diniz; … - In: Revista de Analisis Economico – Economic Analysis Review 23 (2008) 1, pp. 21-33
This paper presents a test of intermodal interaction between coaches and airlines in Brazil in order to check for the efficacy of recent liberalization measures designed to promote competition in both industries. Interstate travel service in the country is heavily provided by coaches, and the...
Persistent link: https://www.econbiz.de/10005698262
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Market Power in the Carbonated Soft Drink Industry
Allender, William J.; Richards, Timothy J. - Agricultural and Applied Economics Association - AAEA - 2011
We investigate the strategic pricing for leading brands sold in the carbonated soft drink (CSD) market in the context of a flexible demand specification (i.e. random parameter nested logit) and a structural pricing equation. Our approach does not rely upon the often used ad hoc linear...
Persistent link: https://www.econbiz.de/10009021546
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Essays on Econometric Evaluation of Education Outcomes in Developing Countries
Metzler, Johannes - Volkswirtschaftliche Fakultät, … - 2009
Persistent link: https://www.econbiz.de/10008520700
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Can econometric analysis make (agricultural) economics a hard science? Critical remarks and implications for economic methodology
Petrick, Martin - Leibniz-Institut für Agrarentwicklung in … - 2004
) claims to follow and expresses some serious doubt that econometrics in particular can make economics a hard science …
Persistent link: https://www.econbiz.de/10008611538
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Implication of game theory to international trade
Claudia, Dobre I. - In: Revista Tinerilor Economisti (The Young Economists Journal) 1 (2008) 10, pp. 132-137
examples regarding the application of game theory to international trade (cartel, free trade & protection and trade policies). …
Persistent link: https://www.econbiz.de/10005120952
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The third generation (UMTS) spectrum auction in Germany
Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar - Sonderforschungsbereich 373, Quantifikation und … - 2001
The third generation UMTS auction in Germany raised an enormous amount of revenue, and at the same time achieved a more competitive market structure than other UMTS auctions in Europe. The present paper explains the design of that auction, and presents a game theoretic explanation of observed...
Persistent link: https://www.econbiz.de/10010956370
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Low price equilibrium in multi-unit auctions: The GSM spectrum auction in Germany
Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar - Sonderforschungsbereich 373, Quantifikation und … - 2001
The second-generation GSM spectrum auction in Germany is probably the most clear cut example of a low price outcome in a simultaneous ascending-bid auction. The present paper gives an account of the events, describes the auction rules and market conditions, and provides a theoretical explanation...
Persistent link: https://www.econbiz.de/10010956409
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Strategic Trade Policies Under Monopsony and Uncertainty: The Exporter’s Non-Linear Responses Based on the Organization of Its Industry
Rakotoarisoa, Manitra - In: Journal of Industry, Competition and Trade 11 (2011) 2, pp. 187-201
Persistent link: https://www.econbiz.de/10010866143
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Auctions of licences and market structure
Rodríguez, Gustavo - Department of Economics and Business, Universitat … - 1997
This paper studies sequential auctions of licences to operate in a market where those firms that obtain at least one licence then engage in a symmetric market game. I employ a new refinement of Nash equilibrium, the concept of {\sl Markovian recursively undominated equilibrium}. The unique...
Persistent link: https://www.econbiz.de/10005772461