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Persistent link: https://www.econbiz.de/10011037988
<heading id="h1" level="1" implicit="yes" format="display">Abstract</heading> We extend the literature on exclusive dealing by allowing the incumbent and the potential entrant to merge. This uncovers new effects. First, exclusive dealing can be used to improve the incumbent's bargaining position in the merger negotiation. Second, the incumbent finds it easier to...
Persistent link: https://www.econbiz.de/10008576716
This paper evaluates the welfare consequences of the failing firm defense (FFD) in the EU and U.S. merger laws. To this end, I combine an oligopoly model with an 'endogenous valuations' auction model. The FFD is shown to work reasonably well for consumers unless small firms are too small. The...
Persistent link: https://www.econbiz.de/10005658558
Data from a unique nationwide recreational fishing survey in Sweden is used to estimate benefits of recreational fishing in Sweden, differences between regions and age groups, and how they relate to expected catch. The data targets the whole Swedish population, and as a consequence a large...
Persistent link: https://www.econbiz.de/10014108407
We report on a discrete choice experiment aimed at eliciting Swedish households’ willingness-to-accept a compensation for restrictions on household electricity and heating use during peak hours. When analyzing data from discrete choice experiments, we typically assume that people make rational...
Persistent link: https://www.econbiz.de/10014118294
Today, many countries around the world respond to the global warming and its consequences with various policy instruments such as e.g. taxes, subsidies, emission permit trading, regulations and information campaigns. In the economic literature, policy instruments have typically been analyzed...
Persistent link: https://www.econbiz.de/10013145068