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The lack of hostile takeovers and relatively modest wealth gains associated with REIT mergers motivate two fundamental yet previously unexplored questions: how competitive are REIT takeovers, and how exactly does a REIT sell itself to another firm? This paper examines these questions using...
Persistent link: https://www.econbiz.de/10011155136
This paper provides a model of the market for news where profit-maximizing media outlets choose their editors from a population of rational citizens. The analysis identifies a novel mechanism of media bias: the bias in a media outlet's news reports is the result of the slanted endogenous...
Persistent link: https://www.econbiz.de/10011157182
. We consider the competition between public and private hospitals - and the rules supervising the financial agreements …
Persistent link: https://www.econbiz.de/10011157196
Firms with an ethical behaviour, which satisfy the conditions of morality, namely to respect applicable law articles, have certain characteristics: balance between profit and ethics; ethical values underlying the daily behaviour of individual actions; penalty system which provides penalty and...
Persistent link: https://www.econbiz.de/10011157204
This paper aims to investigate the effectiveness of liberalization and competition policies introduced in Italy in the … last two decades, with specific regards to the services industry. At first, it is analysed the competition principle as a …
Persistent link: https://www.econbiz.de/10011157532
The paper aims to analyze the public utilities in Italy and the way competition has been introduced in the related … sectors after the Italian Competition Authority began to operate. In the first section, it is described why competition is a … critical factor to let those sectors grow up. Then, it is shown how competition and liberalization rules should be enforced in …
Persistent link: https://www.econbiz.de/10011157568
conducts are lawful or which normative regulations are admissible under a competition law point of view, and gets a better … competition advocacy. Given the wide-ranging set of reasons might underlie the IAA's sector studies and the variety of outcomes …
Persistent link: https://www.econbiz.de/10011157569
twenty-year long activity in favour of competition by looking at some significant statistical data about its interventions in …'s activity has been helpful to the country both as a vehicle to transmit the culture of competition and as a deterrence …
Persistent link: https://www.econbiz.de/10011157625
extensive liberalisation, leading not always to a remarkable development in terms of market competition. The paper offers an … consumers' information, improving services quality and, finally, widening competition and regulatory authorities' powers of …
Persistent link: https://www.econbiz.de/10011157651
services based competition between operators be promoted. …
Persistent link: https://www.econbiz.de/10011157664