There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited. Event studies have been used as one method to acquire empirical insights into the competitive effects of mergers. However, existing work suffers from strong identifying...

A novel debate within competition policy and regulation circles is whether autonomous machine learning algorithms may learn to collude on prices. We show that when fims face short-run price commitments, independent Q-learning (a simple but well-established self-learning algorithm) learns to...

Das Buch bietet eine aktuelle Einführung in die Sozialstrukturanalyse: Die Beschreibung und Analyse sozialer Strukturen betrifft letztlich alle Teilbereiche der Gesellschaft. Erfasst werden insbesondere die demographische Entwicklung, Haushalts- und Familienstrukturen und die soziale...