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A fast-growing legal literature commenting on a set of empirical papers alleging anticompetitive effects of common ownership claims that the reported effects, if true, would imply that corporate executives violate their fiduciary duty: whereas acting in the interest of common owners can help...
Persistent link: https://www.econbiz.de/10012911211
The paper unveils the market structure of container shipping, which suffers by many interpretations. Existing models regress between contestability, duopoly, monopolistic competition and game theory. This paper proposes an oligopoly model with two groups of companies: oligopolists and...
Persistent link: https://www.econbiz.de/10011737687
The routine way of anticipating the effects of the corporate (profit) tax on investments and location choice is to calculate the effective marginal and average tax rates. This paper introduces a model of monopolistic competition to show how investment on the extensive and intensive margins...
Persistent link: https://www.econbiz.de/10012731626
The global crude oil market has gone through two important phases over the recent years. The first one was the price collapse that started in the third quarter of 2014 and continued until mid-2016. The second phase occurred in late 2016, after major producers within and outside OPEC agreed to...
Persistent link: https://www.econbiz.de/10012052086
This paper presents an analysis of the world iron and steel industry from 1950 to 1980. After presenting a technical overview describing the technological possesses in use during that period by the steel, the iron ore and the ferrous scrap industries, we describe and analyse, on economic...
Persistent link: https://www.econbiz.de/10014060280
requirement that regulators remove references to ratings in regulation.Ratings regulation will remain an important area for …
Persistent link: https://www.econbiz.de/10013107567
European and U.S. markets since the implementation of Markets in Financial Instruments Directive and Regulation National …
Persistent link: https://www.econbiz.de/10012940350
Traditionally, there have been two separate telecommunications networks, one based on switches, the other based on routers. The switched network basically carried voice. The packet switched network basically carried data. Now voice is about to go packet switched too. Ultimately, both networks...
Persistent link: https://www.econbiz.de/10014060568
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