Showing 1 - 10 of 4,583
Persistent link: https://www.econbiz.de/10011626057
This paper tests whether product market competition affects vertical integration through the price channel. The identification strategy exploits data on ownership structure and deregulation of the US railroad sector as a source of exogenous variation in competition within the coal mining...
Persistent link: https://www.econbiz.de/10013014576
We introduce a dynamic price competition model for duopsony. Each buyer receives a privately observed profit shock in each period and uses a publicly observable and retroactive price to entice sellers to sell to her in the upcoming period. The price competition scheme captures sellers’...
Persistent link: https://www.econbiz.de/10013322620
The experimental literature on antitrust enforcement provides robust evidence that communication plays an important role for the formation and stability of cartels. We extend these studies through a design that distinguishes between innocuous communication and communication about a cartel,...
Persistent link: https://www.econbiz.de/10012406226
The way profits are divided within successful teams imposes different degrees of internal conflict. We experimentally examine how the level of internal conflict, and whether such conflict is transparent to other teams, affects teams' ability to compete vis-à-vis each other, and, consequently,...
Persistent link: https://www.econbiz.de/10014123903
The objective of this paper is to find the key factors that affect a firm's optimal transfer pricing policy. It examines two minimalist vertical models -- one consisting of a vertically integrated firm monopolizing an intermediate input for its own and rival's downstream division, and the other...
Persistent link: https://www.econbiz.de/10014040000
The way profits are divided within successful teams imposes different degrees of internal conflict. We experimentally examine how the level of internal conflict, and whether such conflict is transparent to other teams, affects teams' ability to compete vis-à-vis each other, and, consequently,...
Persistent link: https://www.econbiz.de/10011569085
This paper investigates the determinants and competitive effects of legacy carriers' outsourcing decision with …
Persistent link: https://www.econbiz.de/10012975450
Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … of input they purchase. We show that the welfare ranking may be reversed once we introduce a nonnegativity constraint on …
Persistent link: https://www.econbiz.de/10011569602
Persistent link: https://www.econbiz.de/10013373132