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probability of cut-throat competition, and the necessary presence of a demand-compatible peak-load structure. With respect to the …
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Market delineation is a fundamental tool in modern antitrust analysis. However, the definition of relevant markets can be very difficult in practice. This preliminary draft applies a new methodology combining a simple price correlation test with hierarchical clustering -a method known from...
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drug substitution and competition. Since 2006, Germany follows an innovative approach by differentiating drug co … potential reductions in co-payments. We refer to the latter result as the "co-payment exemption paradox." Our competition proxy …
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The current level of competition in European commercial passenger rail markets is low and empirical data on customer … preferences in intramodal competition has hardly been available, yet. Our study raises the knowledge of competition in commercial … regressions. Our analysis indicates that customers experiencing competition (Cologne-Brussels) show a higher preference for …
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