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Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive …. However, since intermediation reduces insurers' market power, incentives for tacit collusion are higher compared to markets … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of …
Persistent link: https://www.econbiz.de/10010442184
We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can help firms to gain information on each other thereby allowing them to achieve higher profits....
Persistent link: https://www.econbiz.de/10011316431
The paper evaluates the performance of the Takaful and insurance companies in Malaysia. It examines the impact of … Malaysian Takaful and insurance companies with 255 firm observations over the period from 2011 to 2016. The study's findings … show that Takaful and insurance companies perform at par in terms of their premiums. However, Takaful has better investment …
Persistent link: https://www.econbiz.de/10013183822
agencies. After having examined the market, competition authorities concluded that tacit collusion existed but could not easily … type of variable tax scheme successfully manages to render collusion an unprofitable business. In addition, it is also easy … - and therefore non-prosecutable - collusion, could be turned into a regulatory virtue as it becomes a powerful means to …
Persistent link: https://www.econbiz.de/10010340142
agencies. After having examined the market, competition authorities concluded that tacit collusion existed but could not easily … specially tailored tax on price successfully manages to render collusion an unprofitable business by collecting marginal profits … and that the inherent vice of the gasoline retail market, i.e., the transparency that enables tacit-and therefore non-prosecutable-collusion …
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Purpose: Collusion is a common behavior of oligarch enterprises aiming to get an advantage in market competition. The … purpose of the research is to explore positive or negative effects from the electricity generation manufacturers' collusion … paper that power generation enterprises are facing collusion issues in the market. To be exact, it is such a situation in …
Persistent link: https://www.econbiz.de/10011914690