Showing 1 - 10 of 32
enterprises and test its empirical validity using cartel cases. Since all of the identified cartels significantly restricted … the indicated competition levels before and after the cartels were uncovered and stopped. The Boone-Indicator is …
Persistent link: https://www.econbiz.de/10014609345
This lecture, PowerPoint slides, and movie provide a relatively non-technical introduction to cartels. After describing … the characteristics of cartels predicted by economic theory, the instructor shows a movie of the "secret" meetings of the …
Persistent link: https://www.econbiz.de/10014613572
Japan′s consumers are said to be the most meticulous and demanding consumers in the world – expecting only the best in quality and service from the merchant. However true this may be, how protected are these consumers by their own government? In an irony of place and time, the world′s...
Persistent link: https://www.econbiz.de/10014849094
agreements and cartels involving price fixing, market sharing, etc., the effect of which is to suppress, limit or distort active … rivalry between suppliers. Examines UK policy towards restrictive agreements, alongside similar attempts to control cartels in …
Persistent link: https://www.econbiz.de/10014933519
environment may be associated with the formation and continuance of cartels. Design/methodology/approach – The authors employ a …, and illegal behavior as represented through price fixing by business cartels. The authors find that in the attorneys …’ opinion, it is also the pursuit of individual corporate profits and munificence that are associated with these cartels …
Persistent link: https://www.econbiz.de/10014906957
Abstract A monopolist who originally charges a uniform price across all markets may switch to discriminatory pricing upon the entry of a competitor. As a result, intensified competition may lead to more dispersed prices as well as higher prices for some or all consumers.
Persistent link: https://www.econbiz.de/10014587462
Summary In all health care systems exists governmental regulation, as the market for health is unanimously regarded as imperfect. The German health care market is a good example for a strongly regulated market in nearly each submarket, partially the determination of prices. Reimbursement of...
Persistent link: https://www.econbiz.de/10014609168
Summary The paper addresses entry barriers for a new technology - hydrogen powered cars or cars with fuel cell engines - if the network of its filling stations is missing. We use Hotelling’s model of product differentiation to characterize a situation where an incumbent firm produces the old...
Persistent link: https://www.econbiz.de/10014609226
Abstract We analyze the impact on consumer prices of some information characteristics of price-comparison search platforms. An equilibrium model where vendors compete in prices and consumers do not observe prices, but can obtain price information through a search platform, is developed. The...
Persistent link: https://www.econbiz.de/10014618876
Abstract The existing theoretical literature on mass customization maintains that customization reduces product differentiation and intensifies price competition. In contrast, operations management studies argue that customization serves primarily to differentiate a company from its competitors....
Persistent link: https://www.econbiz.de/10014619421