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We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents - and derive several recommendations to secure effective competition in the industry. …
Persistent link: https://www.econbiz.de/10011314568
indication of a strong impact of intermodal competition. This suggestion is confirmed by our empirical findings. …
Persistent link: https://www.econbiz.de/10011787823
This SIMAT Working Paper deals with an intensively discussed topic in the German natural gas economy: The price-link in natural gas contracts. Because of opposite price developments of the energy commodities such as oil, coal or natural gas, the traditionally used oil price-link is facing a...
Persistent link: https://www.econbiz.de/10010957053
Persistent link: https://www.econbiz.de/10001581459
Competitive dynamics research has focused primarily on interactions between dyads of firms. Drawing on the awareness-motivation-capability framework and strategic group theory we extend this by proposing that firms' actions are influenced by perceived competitive pressure resulting from actions...
Persistent link: https://www.econbiz.de/10013114173
This paper tests for the existence of market power in banking, using data on demand deposit rates of households and corresponding market rates in five euro area countries. An implicit measure for market power is based on a partial adjustment model that also allows for an asymmetric response of...
Persistent link: https://www.econbiz.de/10013153600
derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …
Persistent link: https://www.econbiz.de/10009765356
Der seit 1997 im Dachdeckerhandwerk eingeführte und seit 2003 bundeseinheitlich geregelte, allgemeinverbindliche Mindestlohn führt vor allem in Ostdeutschland auch im internationalen Vergleich zu einer starken Betroffenheit der Branche vom Mindestlohn. Die damit einhergehende effektive...
Persistent link: https://www.econbiz.de/10009657495
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 …
Persistent link: https://www.econbiz.de/10009522774
Mobile telecommunication operators routinely charge subscribers lower prices for calls on their own network than for calls to other networks (on-net discounts). Studies on tariff-mediated network effects suggest this is due to large operators using on-net discounts to damage smaller rivals....
Persistent link: https://www.econbiz.de/10010443144