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The audit market's unique combination of features - its role in capital market transparency, mandated demand, and concentrated supply - means it receives considerable attention from policymakers. We explore the effects of two market scenarios that have been the focus of policy discussions:...
Persistent link: https://www.econbiz.de/10013035353
The audit market's unique combination of features - its role in capital market transparency, mandated demand, and concentrated supply - means it receives considerable attention from policymakers. We explore the effects of two market scenarios that have been the focus of policy discussions:...
Persistent link: https://www.econbiz.de/10012997661
Persistent link: https://www.econbiz.de/10012953518
with the results of an empirical analysis of price response to changes in cost. We find that firms without adjacent … competition exhibit both upward and downward price rigidity, an outcome we ascribe to asymmetric information between the consumer … and the firm. Given that previous studies have focused on downward price rigidities of firms with market power, our …
Persistent link: https://www.econbiz.de/10013065206
This study was commissioned by the European Commission, Directorate General "Enterprise and Industry" and was completed at the end of 2005. The objective was to investigate the impact of the accession of new member states on the intra-European division of labour and on global competitiveness in...
Persistent link: https://www.econbiz.de/10008791351
. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price …
Persistent link: https://www.econbiz.de/10010397677
. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price …
Persistent link: https://www.econbiz.de/10010195032
by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …
Persistent link: https://www.econbiz.de/10013070762
by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price competition are all …
Persistent link: https://www.econbiz.de/10013144429
. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price …
Persistent link: https://www.econbiz.de/10014048921