Narrow search
Showing 1 - 10 of 11,044
Cover Image
The competitive stock market as cartel maker : some examples
Rubinstein, Ariel; Yaari, Menahem E. - 1983
Persistent link: https://www.econbiz.de/10002720167
Cover Image
Equity Prices and Cartel Activity
Richards, Dan - 2017
We use a new data set to examine the equity price impact of announced cartel investigations. Unlike prior research, we … estimate normal returns using the Fama-French (1993) three-factor model. We find that cartel investigation announcements have a … loss is notably less than the estimated present value of profits lost due to cartel termination, implying that cartel …
Persistent link: https://www.econbiz.de/10012970852
Cover Image
The Anticompetitiveness of Sharing Prices
Harrington Jr, Joseph E. - 2020
prices leads to higher prices. Based on this theory of harm, it is argued that there should be a per se prohibition on …
Persistent link: https://www.econbiz.de/10012831930
Cover Image
Duopoly Dynamics With a Barrier to Entry
Abbring, Jaap H.; Campbell, Jeffrey R. - 2007
This paper considers the effects of raising the cost of entry for a potential competitor on infinite-horizon Markov-perfect duopoly dynamics with ongoing demand uncertainty. All entrants serving the model industry incur sunk costs, and exit avoids future fixed costs. We focus on the unique...
Persistent link: https://www.econbiz.de/10014050823
Cover Image
Anti-Limit Pricing
Jun, Byoung; Park, In-Uck - 2005
Extending Milgrom and Roberts (1982) we present an infinite horizon entry model, where the incumbent(s) may use the current price to signal its strength to deter entry. We show that, due to the importance of entrants' types on the post-entry duopoly/oligopoly profits, the incumbent(s) may want...
Persistent link: https://www.econbiz.de/10014066597
Cover Image
To Share or Not to Share : Adjustment Dynamics in Sharing Markets
Razeghian, Maryam - 2016
To aid in the description and estimation of the tremendous recent growth in the collaborative economy, we provide a model for the dynamics of sharing, subject to fixed costs and imperfect price formation. The sharing economy comprises a set of infinitely lived, heterogeneous suppliers, who take...
Persistent link: https://www.econbiz.de/10013004240
Cover Image
Seasonal Price Effects of Mergers
Guler, Ali Umut - 2022
This study shows that mergers’ price effects can vary seasonally. I document countercyclical price increases due to the Coors and Miller merger, which is consistent with models of coordinated pricing that predict lower equilibrium prices during high-demand states
Persistent link: https://www.econbiz.de/10014235492
Cover Image
High-Frequency Price Fluctuations in Brick-and-Mortar Retailing
Eibelshäuser, Steffen - 2018
The digital revolution of pricing enables retailers to change their prices more frequently than ever before. While the industry endorses this development, critics fear it could foster excessive price fluctuations. This paper studies price fluctuations in the context of brick-and-mortar retailing...
Persistent link: https://www.econbiz.de/10012935140
Cover Image
Does venture capital syndication spur employment growth and shareholder value? : evidence from German IPO data
Lehmann, Erik (contributor) - 2004
Persistent link: https://www.econbiz.de/10003459607
Cover Image
Equity prices and cartel activity
Richards, Daniel Jay; Yuan, Heng; Bianconi, Marcelo - 2015
Persistent link: https://www.econbiz.de/10011406624