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The more the merrier? On the optimality of market size restrictions
von Negenborn, Colin - 2019
This paper provides a novel rationale for the regulation of market size when heterogeneous firms compete. A regulator …
Persistent link: https://www.econbiz.de/10012141889
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PRIVATISATION IN A REGULATED MARKET, OPENTO FOREIGN COMPETITION
Sepahvand, Mehrdad - University <Nottingham> / Department of Economics - 2002
The emerging literature on interaction between strategic trade theoryand privatisation uses a simple example to argue that the irrelevanceresult is invalidated if the domestic market is open to foreigncompetition.This paper uses a fairly general framework to show that anythinga regulated...
Persistent link: https://www.econbiz.de/10005868944
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Private politics and public regulation
Egorov, Georgy; Harstad, Bård - 2015
Private politics are often introduced by market participants in the absence of public regulation. But when is private … politics enough, efficient, or better than administratively costly public regulation? We present a novel framework in which we … can study the interaction between regulation, self-regulation by the firm, and boycotts by the activists in a dynamic game …
Persistent link: https://www.econbiz.de/10011335453
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IMITATION, PATENT PROTECTION AND WELFARE
Mukherjee, Arijit; Pennings, Enrico - University <Nottingham> / Department of Economics - 2003
Once a new technology has been invented, there is a credible threat of imitationwhen patents are long and imitation cost is low. When imitation is credible, the innovator hasan incentive to postpone technology adoption for relatively high cost of imitation. Thepossibility of licensing eliminates...
Persistent link: https://www.econbiz.de/10005868910
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How to allocate research (and other) subsidies
Ensthaler, Ludwig; Giebe, Thomas - 2010
A budget-constrained buyer wants to purchase items from a shortlisted set. Items are differentiated by observable quality and sellers have private reserve prices for their items. The buyer's problem is to select a subset of maximal quality. Money does not enter the buyer's objective function,...
Persistent link: https://www.econbiz.de/10010282909
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Ex-Post Optimal Knapsack Procurement
Jarman, Felix; Meisner, Vincent - 2017
We consider a budget-constrained mechanism designer who selects an optimal set of projects to maximize her utility. Projects may differ in their value for the designer, and their cost is private information. In this allocation problem, the quantity of procured projects is endogenously determined...
Persistent link: https://www.econbiz.de/10011932892
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Paintings and Numbers : An Econometric Investigation of Sales Rates, Prices and Returns in Latin American Art Auctions
Campos, Nauro F.; Barbosa, Renata Leite - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
This paper uses a unique data set of Latin American paintings auctioned by Sotheby's between 1995 and 2002 to investigate several puzzles from the recent auctions literature. Our results suggest that: (1) the reputation of an artist and the provenance of the artwork, omitted variables in most...
Persistent link: https://www.econbiz.de/10005860085
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Antitrust and (Foreign) Innovation: Evidence from the Xerox Case
Mamrak, Robin - 2023
How does antitrust enforcement against patent-based monopolies affect innovation? I address this question by empirically studying the US antitrust case against Xerox, the monopolist in the market for plain-paper copiers. In 1975, Xerox was ordered to license all its copier-technology patents in...
Persistent link: https://www.econbiz.de/10014467854
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Auswirkungen des Beitritts Chinas zur WTO auf die Wettbewerbspolitik in China: Eine institutionenöknomische Betrachtung
Shi, Shiwei - 2009
Dieses Paper beschäftigt sich mit dem Zusammenhang zwischen der Wettbewerbspolitik in China und dem WTO-Beitritt. Es wurde festgestellt, dass der WTO-Beitritt zur rechtlichen Verankerung der Wettbewerbspolitik in China wesentlich beigetragen hat. Die chinesische Transformation von der...
Persistent link: https://www.econbiz.de/10010304304
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Dynamic capabilities of the public sector: Towards a new synthesis
Kattel, Rainer - 2022
Covid-19 pandemic has shown how important are public sector capacities and capabilities to react to crises and re-configure existing policies and implementation practices. Prior to the pandemic, policymakers were increasingly turning their attention to challenge-driven innovation policies in...
Persistent link: https://www.econbiz.de/10014548592