Showing 141 - 150 of 3,144
The hypothesis that vertically integrated firms have an incentive to foreclose the input market because foreclosure …. A powerful argument against this hypothesis is that, absent commitment, such foreclosure cannot occur in Nash …
Persistent link: https://www.econbiz.de/10010302573
This paper examines the issue of market foreclosure by airline partnerships with antitrust immunity. Overlapping the …
Persistent link: https://www.econbiz.de/10010303009
foreclosure. We find that the reform caused a permanent drop in the Chapter 7 bankruptcy rate relative to pre-reform levels, owing … increase in the rate of foreclosure. We find no evidence of a link between the decline in bankruptcy and a rise in the number …
Persistent link: https://www.econbiz.de/10011340959
Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that determine the production and consumption of this content. It presents recent trends in television and online video markets, both in the US and internationally, and describes...
Persistent link: https://www.econbiz.de/10011420564
We assess the credit market impact of allowing mortgage “strip-down” as a foreclosure-prevention measure, where strip … effective foreclosure-prevention program, because it would have only small and transient effects on the supply of mortgage loans. …
Persistent link: https://www.econbiz.de/10010352393
constraints. During housing busts, longer selling times spill over into higher foreclosure risk, thereby magnifying the response …, the reverse occurs. Based on these insights, I consider a foreclosure reform that makes all mortgages full recourse, and I …
Persistent link: https://www.econbiz.de/10011599701
This report analyses the main developments in housing finance in the euro area in the decade, covering the period from 1999 to 2007. It looks at mortgage indebtedness, various characteristics of loans for house purchase, the funding of such loans and the spreads between the interest rates on...
Persistent link: https://www.econbiz.de/10011606253
and thereby can lead to market foreclosure. Based on this theory, the article reviews a merger case in the financial …
Persistent link: https://www.econbiz.de/10011649478
We set up a model to analyze the effects of mergers between sellers of complementary components where firms invest in compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also analyse when the merged firm may have an incentive...
Persistent link: https://www.econbiz.de/10012018308
identify countervailing forces resulting from strong vertical foreclosure, upstream sales and endogenous acquisition costs.  …
Persistent link: https://www.econbiz.de/10014588993