Showing 1 - 10 of 196
We re-examine the view that a ban on price discrimination in input markets is particularly desirable in the presence of buyer power. This argument crucially depends on an inverse relationship between downstream firms' profits and the uniform input price. Assuming different input efficiencies...
Persistent link: https://www.econbiz.de/10010983934
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for pro…table and acceptable mergers, while divestitures to an entrant …rm are most effective in this regard....
Persistent link: https://www.econbiz.de/10010983937
Katz (1987), DeGraba (1990), and Yoshida (2000) have formulated theories that price discrimination bans in intermediary goods markets tend to have positive effects on allocative, dynamic and productive efficiency, respectively. We show that none of these results is robust vis-à-vis endogenous...
Persistent link: https://www.econbiz.de/10010983938
We investigate how remedies in merger control affect information acquisition by an antitrust agency. We identify conditions under which an ''extreme options'' regime which does not allow for remedies improves information acquisition by the agency which increases consumer surplus. The legislator...
Persistent link: https://www.econbiz.de/10011163928
We re-examine the view that a ban on price discrimination in input markets is particularly desirable in the presence of buyer power. This argument crucially depends on an inverse relationship between downstream firms’ profits and the uniform input price. Assuming different input efficiencies...
Persistent link: https://www.econbiz.de/10011189534
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for profitable and acceptable mergers, while divestitures to an entrant firm are most effective in this regard....
Persistent link: https://www.econbiz.de/10010957931
This paper offers a new mechanism to explain de-industrialisation in response to a price increase of the manufactured good. In our trade model, one sector (agriculture) is perfectly competitive while the other (manufacturing) is monopolistically competitive. Both industries use skilled and...
Persistent link: https://www.econbiz.de/10011139787
Organizational decisions in multistage production processes are often not made by the downstream headquarter firm, but by the various intermediate inputs suppliers along the value chain themselves. We assume a production process with one headquarter (final good producer) and two suppliers at...
Persistent link: https://www.econbiz.de/10011099974
Im vorliegenden Beitrag wird untersucht, welche forschenden Volkswirte und Nicht-Ökonomen direkten Einfluss in Öffentlichkeit und auf die Wirtschaftspolitik haben. Zu diesem Zweck machen wurden Zitate wissenschaftlicher Publikationen und Nennungen von Wissenschaftlern in führenden Medien und...
Persistent link: https://www.econbiz.de/10011104967
Das vorliegende Papier zeigt, dass die seit Jahrzehnten andauernde Klagen wissenschaftlich tätiger Ökonomen, dass Öffentlichkeit und Politik nicht genug auf Ergebnisse der ökonomischen Forschung hören, zumindest für Deutschland im Quervergleich zu anderen Wissenschaften in Bezug auf das...
Persistent link: https://www.econbiz.de/10011161134