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Market manipulation is a poorly understood phenomenon, due in part to legal standards that categorize manipulative behavior as either an act of outright fraud or as the nebulous use of market power to produce an artificial price. In this paper, we consider a third type of behavior that can...
Persistent link: https://www.econbiz.de/10013093577
The effects of mergers on the media marketplace have historically failed to live up to dire predictions. Mergers are often a response to technological upheaval and turbulence in the media industry and firms should be allowed to experiment with such alternative business models with the intent on...
Persistent link: https://www.econbiz.de/10013070497
liberalisation and the introduction of regulation in the end of the 1990s, however, allowed new entrants to compete with incumbents … Switzerland) continued to have partially binding retail price regulation. More than a decade after liberalisation and the … introduction of wholesale and retail price regulation, sufficient data is available to empirically measure the success of …
Persistent link: https://www.econbiz.de/10013071602
Persistent link: https://www.econbiz.de/10013034035
This paper estimates sustainable coverage and competitive effects of entry for Swiss newspaper sellers which sell composite goods, including a range of other products such as food and near-food items. It utilizes the applied entry threshold ratio methodology from Bresnahan and Reiss (1991),...
Persistent link: https://www.econbiz.de/10013061727
liberalisation and the introduction of regulation in the end of the 1990s, however, allowed new entrants to compete with incumbents … Switzerland) continued to have partially binding retail price regulation. More than a decade after liberalisation and the … introduction of wholesale and retail price regulation, sufficient data is available to empirically measure the success of …
Persistent link: https://www.econbiz.de/10011259890
antitrust regulation against cartel in the absence and presence of merger regulations. We find that in our model, regulation …
Persistent link: https://www.econbiz.de/10014221197
We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market …
Persistent link: https://www.econbiz.de/10014156026
Classic artificial intelligence (Q-learning) algorithms have been capable of consistently learning supra-competitive pricing strategies in infinitely repeated Nash-Bertrand pricing games without human communication. Such algorithms have been able to converge due to the temporal correlation of...
Persistent link: https://www.econbiz.de/10014344267
Rules designed to regulate capital markets and protect investors often have spillover effects, either negative or positive, on stakeholders other than investors. These stakeholders can include managers, employees, consumers, taxpayers, gatekeepers, vendors, and others. This raises a question as...
Persistent link: https://www.econbiz.de/10013031334