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Verkaufsanstrengungen auf alle Produkte verteilen („Kollusion“) oder ob sie die Anzahl ihrer Produkte reduzieren („Fusion“). Wir zeigen, daß …, in denen Kooperation in Form von „Kollusion“ oder „Fusion“ für die kooperierenden Unternehmen profitabel ist. …
Persistent link: https://www.econbiz.de/10010307019
Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be … profitable. The profitability depends on the post-merger contest structure, the discriminatory power of the contest and on the …
Persistent link: https://www.econbiz.de/10010310200
Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be … profitable. The profitability depends on the post-merger contest structure, the discriminatory power of the contest and on the …
Persistent link: https://www.econbiz.de/10010983725
We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
Persistent link: https://www.econbiz.de/10009751726
We analyze a drastic price increase in the German auction market for reserve power, which did not appear to be driven by increased costs. Studying the market structure and individual bidding strategies, we find evidence for collusive behavior in an environment with repeated auctions, pivotal...
Persistent link: https://www.econbiz.de/10013080623
behavior, but can even increase them. -- Auctions ; Collusion ; Market Power ; Energy Markets ; Reserve Power ; Balancing Power …
Persistent link: https://www.econbiz.de/10009736354
In this journal, James Langenfeld critically reviewed four of the present authors' articles that analyze the size of cartel overcharges and their antitrust policy implications. In this comment, we explain why we believe Langenfeld errs in his criticism of our work. In particular, this comment...
Persistent link: https://www.econbiz.de/10012947484
We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy … environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing …. incentives to give subsidies to their local firms. National merger induces more strategic trade policy, whereas international …
Persistent link: https://www.econbiz.de/10011507913
number of contestants. -- contests ; merger …Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be … profitable. The profitability depends on the post-merger contest structure, the discriminatory power of the contest and on the …
Persistent link: https://www.econbiz.de/10009582395
' incentives to give subsidies to their local firms. A national merger induces more strategic trade policy, whereas an … international merger does not …
Persistent link: https://www.econbiz.de/10013319916