Showing 1 - 10 of 1,531
only known solution that satisfies core stability, strong aggegate monotonicity and null player out property in the class … of balanced games. The SD-prenucleolus is the only known solution that satisfies core stability continuity and is …
Persistent link: https://www.econbiz.de/10009364647
This paper studies how cartel stability is influenced by asymmetric information and communication about demand. Firms … its partners and another where it does not. We show that cartels are extremely unstable when the informed firm … communicates with the uninformed firms. However, when the informed firm does not communicate with the uninformed firms cartels can …
Persistent link: https://www.econbiz.de/10011110577
The purpose of this paper is twofold: First, to present an approach and a solution for analyzing the stability of …
Persistent link: https://www.econbiz.de/10005518745
approach leads to a larger degree of cooperation compared to models based on the internal-external stability approach. …
Persistent link: https://www.econbiz.de/10005518763
This paper addresses the effectiveness of auctions and legal unbundling as regulatory measures to tender a vertically integrated industry more competitive. Specifically, I analyze if implementing auctions and legal unbundling can counter market power in an industry where a Vertically Integrated...
Persistent link: https://www.econbiz.de/10010987680
Private operation of port facilities is becoming increasingly common worldwide and many governments consider the privatization of public ports as a policy option. We investigate the effect of port privatization in a setting with two ports located in different countries, serving their home market...
Persistent link: https://www.econbiz.de/10010991526
survey is the question how the political process impacts different stages of agreement formation and stability. We …
Persistent link: https://www.econbiz.de/10010848120
This paper shows that network effects do not have any implication to the nature of the equilibrium strategic managerial delegation under Cournot type quantity competition, unlike as in the case of Bertrand type price competition a la Hoernig (2012). It also shows that delegation of output/price...
Persistent link: https://www.econbiz.de/10010860111
Against a background of rather mixed evidence about transfer pricing practices in multinational enterprises (MNEs) and varying attitudes on the part of tax authorities, this paper explores how multiple aims in transfer pricing can be pursued across four different transfer pricing regimes. A MNE...
Persistent link: https://www.econbiz.de/10010877968
In this paper, we analyze the managerial behavior of firms by estimating a nested objective function consistent with the framework of Fershtman and Judd (1987). Using data for Japanese regional banks for FY 1980-FY 2009, we focus on oligopolistic behavior in the domestic loan market and examine...
Persistent link: https://www.econbiz.de/10010902086