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potential to increase the intensity of competition as well as to act as a channel for technology transfers. One would expect …) enjoy higher levels of efficiency and have the potential to generate positive spillovers. At the same time, the entry of …
Persistent link: https://www.econbiz.de/10005497928
efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …
Persistent link: https://www.econbiz.de/10005667136
We study the effect of entry on costs and competition in the Portuguese mobile telephony industry. We construct and … effort. We show that failure to account for cost reducing effort leads to biased estimates of competition in the industry. We … significant cost reductions, and fostered competition. …
Persistent link: https://www.econbiz.de/10005791373
local network externalities, in contrast to global network externalities, don't necessarily sharpen competition. Then we …
Persistent link: https://www.econbiz.de/10008530382
distribution into three main components: efficiency, amenities, and frictions. Higher efficiency and better amenities lead to … MSAs in the United States, we parametrize the model and empirically estimate efficiency, amenities and frictions …
Persistent link: https://www.econbiz.de/10008784710
reform and free trade and by thus enhancing macroeconomic efficiency at full employment. Second, the static output gain from …
Persistent link: https://www.econbiz.de/10005504204
competition. The second—the Shapley value method—is based on cooperative game theory models and social concepts for a fair … ones which might appeal differently to the courts and competition authorities in the US as compared to Europe. We find that …
Persistent link: https://www.econbiz.de/10005504215
We revisit the question of the efficiency of individual decisions to be protected against crime for the cases of both …
Persistent link: https://www.econbiz.de/10005504304
sector. But, efficiency requires that they apply to both sectors because a higher matching rate in the high …
Persistent link: https://www.econbiz.de/10005504344
This paper considers an equilibrium model of unemployment in a labour market where all vacancies are advertised in a newspaper. Unemployment occurs in occupations that are short on vacancies. New vacancies are created by entrepreneurial search and investment, so it may take some time before an...
Persistent link: https://www.econbiz.de/10005504418