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Country Cartels
Bernhardt, Dan - 2014
We analyze collusion under demand uncertainty by cartels such as OPEC that care about the utility derived from profits by citizens. When citizens are sufficiently risk averse and fixed operating costs are non-trivial, it becomes difficult for cartels to collusively restrict output both when...
Persistent link: https://www.econbiz.de/10013045808
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Small, young, and exporters : new evidence on the determinants of firm growth
Grazzi, Marco; Moschella, Daniele - 2016
This work investigates how the export status of the firm influences the patterns of growth at different age classes. We address this research question resorting to a novel set of data that links together the universe of Italian firms and detailed data on export transactions. We find that the...
Persistent link: https://www.econbiz.de/10011433470
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Common Ownership and Corporate Social Responsibility
Dai, Xin - 2020
This paper studies the effect of common ownership on corporate social responsibility (CSR). We find that common ownership is positively associated with a firm's CSR score. The effect is stronger for firms in more competitive industries. We propose a two-stage duopoly game in which CSR serves as...
Persistent link: https://www.econbiz.de/10012826362
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Spotify : from music streaming start-up to global audio company
Schmid, Stefan; Romey, Tobias - 2022
During the last few decades, the internet and digital technology have fundamentally changed the global music industry …
Persistent link: https://www.econbiz.de/10014022598
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Endogenous technology sharing in R&D intensive industries
Clark, Derek J.; Sand, Jan Yngve - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-1, pp. 1-48
This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners … produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product …. The two-firm coalition is the preferred outcome of a welfare maximising authority if ex ante marginal cost is sufficiently …
Persistent link: https://www.econbiz.de/10010299830
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The effects of airline alliances: what do the aggregate data say?
Gagnepain, Philippe; Marín, Pedro L. - In: SERIEs - Journal of the Spanish Economic Association 1 (2010) 3, pp. 251-276
We consider an empirical model of worldwide airline alliances that we apply to a large set of companies for the period 19952000. Using observations at the network level, we estimate a cost, capacity, and demand system that accounts for cross-price elasticities. Our contribution consists in...
Persistent link: https://www.econbiz.de/10010317095
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Endogenous technology sharing in R&D intensive industries
Clark, Derek J.; Sand, Jan Yngve - 2010
This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners … produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product …. The two-firm coalition is the preferred outcome of a welfare maximising authority if ex ante marginal cost is sufficiently …
Persistent link: https://www.econbiz.de/10003918993
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The effects of airline alliances: what do the aggregate data say?
Gagnepain, Philippe; Marín, Pedro L. - In: SERIEs : Journal of the Spanish Economic Association 1 (2010) 3, pp. 251-276
We consider an empirical model of worldwide airline alliances that we apply to a large set of companies for the period 19952000. Using observations at the network level, we estimate a cost, capacity, and demand system that accounts for cross-price elasticities. Our contribution consists in...
Persistent link: https://www.econbiz.de/10009355409
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Political booms, financial crises
Herrera, Helios; Ordoñez, Guillermo; Trebesch, Christoph - 2014
We show that political booms, measured by the rise in governments' popularity, predict financial crises above and beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in emerging economies. We show that governments in emerging...
Persistent link: https://www.econbiz.de/10010391815
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Endogenous technology sharing in R&D intensive industries
Clark, Derek J.; Sand, Jan Yngve - 2009
This paper analyses the endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners … produce complementary technology advancements, although each firm determines its R&D investment level non-cooperatively and … most efficient firms, or a coalition with all three firms. The two-firm coalition is the preferred outcome of a welfare …
Persistent link: https://www.econbiz.de/10003844221