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Market power of hub airports: The role of lock-in effects and downstream competition
Allroggen, Florian; Malina, Robert - Wirtschaftswissenschaftliche Fakultät, Westfälische … - 2010
In this paper we develop a model of hub competition, which includes duopolistic Bertrand competition on the downstream … market in order to analyze the incentives of hub airports to exploit market power in the transfer passenger market. We find … evidence that downstream competition limits hub market power and moreover, that there are incentives for a hub airport and its …
Persistent link: https://www.econbiz.de/10010611319
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Airports and airlines economics and policy: An interpretive review of recent research
Zhang, Anming; Czerny, Achim I. - In: Economics of Transportation 1 (2012) 1, pp. 15-34
This paper provides an interpretive review of recent research, concentrating on three areas where new and important insights have been derived during the last years. We present the main ideas in a general unifying framework—there is somewhat more emphasis on a unifying analytical structure, as...
Persistent link: https://www.econbiz.de/10011051532
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OpenTradeCloud : Regulating the Next Generation of the National Market System
Mirandola, Carlos Mauricio - 2015
This is a summarized and abridged version of some of the arguments made in the report “OpenTradeCloud: Regulating the Next Generation of the National Market System” [Summary Report], that is part of my doctorate research at Columbia Law School. It is still very rough and preliminary, and it...
Persistent link: https://www.econbiz.de/10013038883
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Financial Contracting and Organizational Form : Evidence from the Regulation of Trade Credit
Breza, Emily - 2017
We present evidence that restrictions to the set of feasible financial contracts affect buyer - supplier relationships and the organizational form of the firm. We exploit a regulation that restricted the maturity of the trade credit contracts that a large retailer could sign with some of its...
Persistent link: https://www.econbiz.de/10012973391
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The International Organization of Production in the Regulatory Void
Herkenhoff, Philipp - 2020
In recent decades, a large and increasing number of leading firms in a diverse set of industries have faced allegations of ‘unethical' practices along their international value chains. In many cases this has triggered consumer boycotts and NGO campaigns, introducing a new link between upstream...
Persistent link: https://www.econbiz.de/10012852396
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The Governance of Financial Market Infrastructure
Lee, Ruben - 2010
The governance of infrastructure institutions in the financial markets – namely exchanges, central counter-parties (CCPs), and central securities depositories (CSDs) – has become a matter of significant commercial, regulatory, legislative, and even political concern. Such institutions play a...
Persistent link: https://www.econbiz.de/10013148316
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Regulating LIBRA : The Transformative Potential of Facebook’s Cryptocurrency and Possible Regulatory Responses
Zetzsche, Dirk A. - 2020
Libra is the first private cryptocurrency with the potential to change the worldwide payment and monetary system landscape. Due to the scale and reach provided by its affiliation with Facebook, the question will be not whether, but how, to regulate it. This short paper introduces the Libra...
Persistent link: https://www.econbiz.de/10012848710
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Punching the Clock on a Smartphone App? : The Changing Nature of Work in America and Regulatory Barriers to Success
Murray, Iain - 2016
Common Law Definition of Employment:What is the difference between an employee and an independent contractor? Both do work for pay; I do a job, and you pay me for it. It's not complicated — until government gets involved. Formal employees require paperwork, legal and regulatory compliance, and...
Persistent link: https://www.econbiz.de/10012980973
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Organizing and Regulating Hospital and Physician Investment
Mikkers, Misja C. - 2011
Persistent link: https://www.econbiz.de/10013126536
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Regulation and Contract Choice in the Distribution of Wine
Santiago, Michelle; Sykuta, Michael E. - 2018
The wine industry in the United States has grown tremendously over the past few decades, from fewer than 1,000 wineries in 1980 to upward of 8,500 today. The growth has occurred over a period that has seen substantial changes in the structure of the wine industry, the modes of distribution...
Persistent link: https://www.econbiz.de/10014140732