Event study analysis is a branch of econometrics which attempts to measure the effects of economic events on the value of firms by examining stock market data. Providing that share prices reflect the underlying economic values of assets, changes in equity values will properly capture expected...

The current Austrian antitrust law regime has been in force for six years. Experience so far has clearly brought to the fore the strengths and weaknesses of the institutional setup and procedures in place, from which a need for reform may be derived. The latter arises largely from the fact that...

Ziel dieser Arbeit ist es zu untersuchen, inwiefern es der Wettbewerbskommission (Weko) gelungen ist mit ihren Auflagen im UBS-Fall den Wettbewerb im Schweizer Bankengeschäft zu stärken. Wir kommen zum Schluss, dass die Weko ihre Auflagen so lange den Vorstellungen der UBS angepasst hat, bis...

В статье раскрываются теоретические аспекты функционирования сетевых структур и характеристики современного формата развития розничной торговли, дается...

This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current policy issues in competition and regulation. The book contains contributions at the...

One of the pressing issues in marketing is whether loyalty programs really enhance behavioral loyalty. Loyalty program members may have a much higher share-of-wallet at the firm with the loyalty program than non-members have, but this does not necessarily imply that loyalty programs are...

Frequent shopper programs are becoming ubiquitous in retailing. Retailers seem unsure however about whether these programs are leading to higher loyalty, or to higher profits. In this paper we analyze data from a U.S. supermarket chain that has used a number of frequent shopper rewards to...

This paper aims to identify regional properties of product categories and consumer perception and preferences of relevant grocery retailing product categories, in the Greek Island of Crete and the three cities. The dataset for this research consists of a sample of 2,000 consumers, distributed in...