Showing 1 - 10 of 14
Modelling the e¤ects of mergers in the retail sector. According to the Danish Competition Act, a merger that impedes ef- fective competition signi cantly, in particular by creating or strengthening a dominant postition, shall be prohibited. To decide whether this is the case the authorities...
Persistent link: https://www.econbiz.de/10010818305
Diamond’s two-period OLG growth model is based on the assumption that the stock of capital in any period is equal to the wealth accumulated in the previous period by the generation of pensioners. This stock equlibrium condition may appear an innocuous paraphrase of the ordinary macro-economic...
Persistent link: https://www.econbiz.de/10005645237
Persistent link: https://www.econbiz.de/10005157232
Samuelson (1958) analyses a three-period model, whereas Diamod (1965) considers a two-period model. This difference poses the question whether the insights derived by analysing the simple two-period model carry over in the more complicated three-period case. They do. The Samuelson model (no...
Persistent link: https://www.econbiz.de/10005190605
According to the Competition Act, a merger that impedes eective competition signi cantly, in particular by creating or strengthening a dominant postition, shall be prohibited. To decide whether this is the case the authorities need a quanti able model of the relationship between the variables...
Persistent link: https://www.econbiz.de/10005207020
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Persistent link: https://www.econbiz.de/10005207024
In Denmark labor has been organized in independent but cooperating craft unions for more than a century. Within an extremely simple model of a small open economy facing imperfect competition, we analyze four different ways of organizing the labor market and show that the Danish model (partial...
Persistent link: https://www.econbiz.de/10010573900
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Persistent link: https://www.econbiz.de/10005419390
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Persistent link: https://www.econbiz.de/10005419396
By replicating Articles 85 and 86 of the EC Treaty the Danish Competition Act (put in force January 1998) constituted a shift from the control principle to the prohibition principle. This is an important improvement from the point of view that regulatory legislation should be designed to give...
Persistent link: https://www.econbiz.de/10005419401