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In the following paper the author applies concepts of information economics (hidden characteristics and signaling) to …
Persistent link: https://www.econbiz.de/10011449232
A decision problem is relatively complex and broadly involves two distinct moments, i) information gathering and ii …) use of available information and decision-making. In the first case one can discuss the potential of rigorous methods … relevant data. On the second case it is important to note that the existing information may not be enough, it is not always …
Persistent link: https://www.econbiz.de/10011491963
This paper was prepared as background for a discussion held at the OECD in June 2016 on commitment decisions in antitrust cases. It reviews arguments in favour and against the use of commitment decisions as they are presented in the literature. It also discusses judicial reviews of commitment...
Persistent link: https://www.econbiz.de/10015082024
When analysing mergers which risk generating anti-competitive effects, competition agencies must establish whether a transaction generates sufficient anti-competitive harm to either prohibit it or impose conditions to its clearance. The point beyond which sufficient harm is established, and a...
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