Showing 1 - 10 of 1,867
Persistent link: https://www.econbiz.de/10010488023
We study mergers in a market where N firms sell a homogeneous good and consumers search sequentially to discover prices …. The main motivation for such an analysis is that mergers generally affect market prices and thereby, in a search … firms to merge and the welfare implications of mergers. When search costs are relatively small, mergers turn out not to be …
Persistent link: https://www.econbiz.de/10011372993
Persistent link: https://www.econbiz.de/10009722700
Persistent link: https://www.econbiz.de/10010191091
Persistent link: https://www.econbiz.de/10003640817
Persistent link: https://www.econbiz.de/10009540812
We investigate the net effect between diversification benefit and information cost of international real estate mutual funds from three dimensions: whether investors can benefit from investing in international real estate mutual funds, whether managers of international real estate mutual funds...
Persistent link: https://www.econbiz.de/10013109674
The German financial system is characterized by lower degrees of penetration by foreign commercial banks and of (bank) disintermedation than, for instance, that of the United States. These differences between the two countries could be attributed to the fact that universal banking in Germany...
Persistent link: https://www.econbiz.de/10011475975
Persistent link: https://www.econbiz.de/10003713011
Persistent link: https://www.econbiz.de/10010512262