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The paper presents the differences between the design of a closed and an open team sports league. Then it compares the theoretical models of a closed league with profit maximizing clubs and an open league with win maximizing clubs. Both models are now outdated by a Nash equilibrium model which...
Persistent link: https://www.econbiz.de/10010635114
secondary market where independent remanufacturers enter the competition. An environmental regulation imposing a minimum level … regulation. However, if an environmental regulation is to be implemented, collusion should be repressed since competition …
Persistent link: https://www.econbiz.de/10010635128
This paper tests the impact of competition on the hiring process in the French retail sector. Following the Becker …'s theory, higher the competition, lower is discrimination. Using local Herfindhal-Hirschman indexes, a correspondence study … ensures to observe how competition affects discrimination. A strong employment gap is observable between French natives and …
Persistent link: https://www.econbiz.de/10010635225
interval of values of the spillover parameter such that the relationship between competition and growth is an inverted-U-shape. …
Persistent link: https://www.econbiz.de/10010635277
Persistent link: https://www.econbiz.de/10011025418
Persistent link: https://www.econbiz.de/10008456374
We conducted an experiment to examine the performance of the bilateral trading institution in GHG emissions trading. First, we found that the efficiency of bilateral trading is quite high, regardless of the disclosure or closure of contracted price and/or marginal abatement cost curve...
Persistent link: https://www.econbiz.de/10008458119
This paper constructs a growth model in which monopolistically competing firms choose the characteristic of their own product from an unbounded product space. While consumers wish to satisfy various needs by purchasing a diverse range of goods, production costs are lower for those goods that are...
Persistent link: https://www.econbiz.de/10008458127
This paper empirically investigates the effect of international simple resale (ISR) authorization on the prices for international message telephone service (IMTS). We compile a firm-level panel data set for over 200 United States-foreign country bilateral markets from 1995 to 2004. These data...
Persistent link: https://www.econbiz.de/10008459704
Empirical literature and related legal practice using concentration as a proxy for competition measurement are prone to … a fallacy of division, as concentration measures are appropriate for perfect competition and perfect collusion but not … intermediate levels of competition. Extending the classic Cournot-type competition model of Cowling and Waterson (1976) and Cowling …
Persistent link: https://www.econbiz.de/10008460520