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Persistent link: https://www.econbiz.de/10013071704
significantly affect competition. Finally, using the estimation results, it is show that the public policy, which consisted of … ratio methodology from Bresnahan and Reiss (1991), which allows estimation even when the range of products under examination … coverage exists. Moreover, it is found that a second entrant in this market strongly increases competition, while further entry …
Persistent link: https://www.econbiz.de/10013061727
significantly affect competition. Finally, using the estimation results, it is show that the public policy, which consisted of … ratio methodology from Bresnahan and Reiss (1991), which allows estimation even when the range of products under examination … coverage exists. Moreover, it is found that a second entrant in this market strongly increases competition, while further entry …
Persistent link: https://www.econbiz.de/10011259798
at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition consequently … Switzerland) continued to have partially binding retail price regulation. More than a decade after liberalisation and the … dominant firm. A system of simultaneous equations is developed and direct estimation of the incumbent‟s residual demand …
Persistent link: https://www.econbiz.de/10011259890
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
efficiency gains. In particular we show that when there is perfect competition among the competitive fringe, firms do not have …
Persistent link: https://www.econbiz.de/10014221197
increase with the intensity of competition. We develop a new measure of competition for which we use the proximity (in … departure time) of a given flight to its competitors to infer the intensity of competition and estimate the impact of … competition on advance purchase discounts (APDs) and the dynamic pricing of airlines by exploiting plausibly exogenous changes in …
Persistent link: https://www.econbiz.de/10012251366
A model of competition between two interconnected cellular networks is presented which shows the effects of cellular … termination charges on competition and market penetration in the cellular sector. We show that the determination of cellular … fixed-to-cellular prices are determined under perfect competition …
Persistent link: https://www.econbiz.de/10014171867
We develop a model of competition between interconnected networks, with separate local and long-distance markets …, allowing for various degrees of symmetry between carriers. Assuming two part pricing, we show that effective competition can be … interconnected local networks want to agree on cost based interconnection charges, but that through competition for local market …
Persistent link: https://www.econbiz.de/10014171873
rivals from getting the spectrum needed to compete effectively. Thus, regulators typically attempt to protect competition …
Persistent link: https://www.econbiz.de/10014159405