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trade, their agreements may be exempted from cartel law. To qualify under Article 101(3) TFEU, the public benefits must … compensate consumers for higher prices of the private good. We study the balancing involved in assessing a public interest-cartel … condition. A cartel will provide minimal public benefits for maximal private overcharges. Still it is typically not sustainable …
Persistent link: https://www.econbiz.de/10012855753
environment, their agreements may be exempted from cartel law. To qualify, the public benefits must compensate consumers for … higher prices of the private good. We study the balancing involved in assessing a public interest-cartel in a public goods … Samuelson condition. The cartel will provide minimal public good for maximal overcharges. Nevertheless it is typically not …
Persistent link: https://www.econbiz.de/10012149732
Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remaining firms remain …, theory even predicts that strategic interaction forces firms to set the market clearing price. For society, this would be … oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
Persistent link: https://www.econbiz.de/10003877116
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
This article proposes an incentive-based method to facilitate private antitrust enforcement in the European Union. Focusing exclusively on cartels, the article first explains why antitrust enforcement benefits from being both public and private. It goes on to suggest that through an improved...
Persistent link: https://www.econbiz.de/10014191086
trade, their agreements may be exempted from cartel law. To qualify under Article 101(3) TFEU, the public benefits must … compensate consumers for higher prices of the private good. We study the balancing involved in assessing a public interest-cartel … condition. A cartel will provide minimal public benefits for maximal private overcharges. Still it is typically not sustainable …
Persistent link: https://www.econbiz.de/10012233960
The news industry in the United States faces a funding crisis because the tech giants, particularly Google and Facebook, have acceded to the advertising monopolies once enjoyed by the newspaper industry itself. Despite the best efforts of the news industry to paint the tech giants as rapacious...
Persistent link: https://www.econbiz.de/10013211924
Over a million people in the United States are employed in private security and law enforcement, yet very little is known about the effects of private police on crime. The current study examines the relationship between a privately-funded university police force and crime in a large U.S. city....
Persistent link: https://www.econbiz.de/10010472493
my 2010 article, Privatization, Free Riding, and Industry-Expanding Lobbying, in the International Review of Law and … Economics and the plain-English discussion in my 2008 article, Privatization and the Law and Economics of Political Advocacy, in …
Persistent link: https://www.econbiz.de/10013033332
of the donation. Using a Heckman selection model we show, first, that traditional public finance theory can be confirmed …-Auswahlmodell zeigen wir zunächst, dass die traditionelle Theorie der öffentlichen Finanzen bestätigt werden kann. Wirtschaftlich stärkere …
Persistent link: https://www.econbiz.de/10012137008