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Based on an analysis of cartel prosecutions since 2007, this article assesses the way the European Commission has built up its fines in practice. The fines are compared with those imposed by the European Commission over the period from 1999 to 2006. The main findings are that, while fines have...
Persistent link: https://www.econbiz.de/10012940532
short-term dynamics of individual markets. Furthermore, we examine whether logistics enter coal price dynamics through …
Persistent link: https://www.econbiz.de/10003908306
vehicle characteristics to present RD estimates of reserve price effects on auction outcomes. Our first set of results show … that, in line with the robust predictions of auction theory, an increase in reserve price decreases the number of bidders …, increases the likelihood the object remains unsold, and increases expected revenue conditional on sale. Reserve price effects …
Persistent link: https://www.econbiz.de/10008688876
this influences the price structure in these markets. Specifically, the paper attempts to single out the existence and … direction of causality between the conventional and organic pineapple price using the European pineapple market as an example …. We study spatial price transmission, i.e. the difference in prices between the markets for organic and conventional …
Persistent link: https://www.econbiz.de/10003971846
This paper studies asymmetric price responses of individual firms, via daily retail prices of almost all gasoline … the stations respond asymmetrically to changes in the spot market price. Hence, asymmetric pricing is not a feature of the …
Persistent link: https://www.econbiz.de/10011379452
Data indicate that its domestic price in Indonesia has been increasing regardless of movements in the international … price of wheat. A test for asymmetric price transmission from international wheat to domestic wheat flour markets is … conducted using an error correction model and find the presence of asymmetric price transmission. The upward adjustment in the …
Persistent link: https://www.econbiz.de/10010336926
Price levels and movements on gasoline and diesel markets are heavily debated among consumers, policy-makers, and … competition authorities alike. In this paper, we empirically investigate how and why price levels differ across gasoline stations … in Germany, using eight months of data from a novel panel data set including price quotes from virtually all German …
Persistent link: https://www.econbiz.de/10010471687
We apply and extend the cost-based approach to bundling and tying under competition developed in Evans and Salinger (2004a) to over-the-counter pain relievers and cold medicines. We document that consumers pay much less for tablets with multiple ingredients than they would to buy tablets with...
Persistent link: https://www.econbiz.de/10011451375
Die starken Preissteigerungen für Benzin in den letzten 2 Jahren sind häufig auf mangelnden Wettbewerb zurückgeführt worden. Die These wird überprüft, indem die Wettbewerbsstruktur bei Tankstellen und deren Vorleistungsbeziehungen dargestellt werden und ökonometrische Schätzungen über...
Persistent link: https://www.econbiz.de/10011477112
latter, the add-on's effect on the base product's price will be ambiguous. Cross-subsidization between products to bait … uninformed consumers might lower, intrinsic utility from the add-on for informed consumers might raise the price. We study this …
Persistent link: https://www.econbiz.de/10013164228