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the center and compete for land there, and that a larger mass of highly talented agents will increase competition for land …
Persistent link: https://www.econbiz.de/10011491203
This paper is motivated by the empirical regularity that industries differ greatly in the level of firm turnover, and that entry and exit rates are positively correlated across industries. Our objective is to investigate the effect of sunk costs and, in particular, market size on entry and exit...
Persistent link: https://www.econbiz.de/10014087009
heterogeneity of cartels and the time-varying policy impacts suggested by theory. Contrary to earlier studies, my statistical tests …
Persistent link: https://www.econbiz.de/10013008337
heterogeneity of cartels and the time-varying policy impacts suggested by theory. Contrary to earlier studies, my statistical tests …
Persistent link: https://www.econbiz.de/10014184217
The aim of this study is to analyse the impact of competition, both internal and external, and of the business cycle on … which complies with earlier estimations by the authors. According to the estimations carried out, competition has a … significant impact on the level of markups. This result applies both to internal competition, measured by market concentration …
Persistent link: https://www.econbiz.de/10012776294
We investigate the effect of competition on price dispersion in the airline industry. Using panel data from 1993 to … 2008, we find a non-monotonic effect of competition on price dispersion. An increase in competition is associated with …
Persistent link: https://www.econbiz.de/10012713310
market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …
Persistent link: https://www.econbiz.de/10011553026
market power appears to be constrained by competition and largely determined by demand side factors. Finally, we find that …
Persistent link: https://www.econbiz.de/10012979689
dispersion increases with competition. We find that competition has a negative effect on price dispersion, in line with the … textbook treatment of price discrimination. Specifically, the effects of competition on price dispersion are most significant … routes with a more homogenous customer base, the effects of competition on price discrimination are largely insignificant. We …
Persistent link: https://www.econbiz.de/10014224274
This paper evaluates four publicly discussed policy options to mitigate market power in the German wholesale electricity market. These four options are: a regulatory solution favoured by the Federal Ministry for Economics and Technology, the implementation of a day-ahead flow-based market...
Persistent link: https://www.econbiz.de/10012728666