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Antitrust authorities all over the world are concerned if a particularly aggressive competitor, a "maverick", is bought out of the market. Yet there is a lack of theoretical justification. One plausible determinant of acting as a maverick is behavioral: the maverick derives utility from acting...
Persistent link: https://www.econbiz.de/10013063241
Antitrust authorities all over the world are concerned if a particularly aggressive competitor, a "maverick", is bought out of the market. One plausible determinant of acting as a maverick is behavioral: the maverick derives utility from acting competitively. We test this conjecture in the lab....
Persistent link: https://www.econbiz.de/10009779217
This paper calls attention to the opportunity for competition authorities to contribute to the fight for gender … equality. We also argue that adopting a gender lens can be helpful in achieving the efficiency-based objectives of competition … authorities. We conclude by providing a menu of options regarding how competition authorities may integrate a gender perspective …
Persistent link: https://www.econbiz.de/10012859324
This paper calls attention to the opportunity for competition authorities to contribute to the fight for gender … equality. We also argue that adopting a gender lens can be helpful in achieving the efficiency-based objectives of competition … authorities. We conclude by providing a menu of options regarding how competition authorities may integrate a gender perspective …
Persistent link: https://www.econbiz.de/10012846069
This paper calls attention to the opportunity for competition authorities to contribute to the fight for gender … options regarding how competition authorities may integrate a gender perspective into competition policy practice and by …
Persistent link: https://www.econbiz.de/10014103205
normative assessment. R&D agreements have a much smaller effect on later competition in the product market if they serve as a …
Persistent link: https://www.econbiz.de/10008779115
Competition has been argued to erode socially responsible behavior in markets, suggesting that allowing cartel … activities. We highlight implications for competition policy, where cartels may be exempted on CSR grounds. …
Persistent link: https://www.econbiz.de/10012026010
We analyze the pricing behavior of firms when explicit partial cartels have formed in experimental markets through communication. Using a repeated, asymmetric capacity constraint price game, we show that, in line with theory, a partial cartel is sufficient to increase market prices for all...
Persistent link: https://www.econbiz.de/10011897162
In mainstream antitrust law the nature of economic efficiency has not been investigated in great depth. Such an investigation has important implications for antitrust law and economics. Among these are the following: (1) Behavioral economics shows that consumer surplus measures of losses...
Persistent link: https://www.econbiz.de/10014134757
Competition and economic regulation policies have traditionally been based on the conception of a “standard” consumer … “non-standard” ways. In light of this research, some economic regulators and competition authorities are replacing the … frameworks,the potential exists for better-targeted competition and regulatory policies …
Persistent link: https://www.econbiz.de/10014091514