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We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … products using a random-coefficients logit model. On the supply side we assume Bertrand Nash competition in a multiproduct …
Persistent link: https://www.econbiz.de/10012268034
Network sharing agreements have become increasingly widespread in mobile telecommunications markets. They carry undeniable advantages to operators and consumers alike, but also the potential for consumer harm. Not all NSAs are created equal: the assessment of the balance of harm and benefits to...
Persistent link: https://www.econbiz.de/10011990449
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for min RPM critically relies on interbrand competition, and it is-at least in the case of linear demand functions …
Persistent link: https://www.econbiz.de/10013328108
literature suggest a negative effect of (price) competition on investments in mobile networks. To the best of our knowledge this … auctions may alter competition in the mobile market. …
Persistent link: https://www.econbiz.de/10012289373
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intermediate socially optimal level of bank competition. We provide a novel theory of bank opacity. The cost of opacity is more … runs, and face a threat of entry. Higher competition increases deposit rates and bank fragility, resulting in an …
Persistent link: https://www.econbiz.de/10013329652
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His test essentially asks if consumers are harmed by the pricing practices of the firm in the market in which they purchase the good or service. Even if these firms are monopoly or...
Persistent link: https://www.econbiz.de/10012804859
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829
There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582