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towards international airline competition. While the policies of the 1980s and 90s were designed to maximize industry … have sought to reduce competition and entrench the position of the largest carriers. These policies have already led to the … large legacy airlines and government officials could dramatically restructure international airline competition in favor of …
Persistent link: https://www.econbiz.de/10014186900
We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent providers can price discriminate between searching and...
Persistent link: https://www.econbiz.de/10011916675
As low-cost airlines or carriers excluded from international markets by regulation may seek to expand internationally in an indirect way through code-sharing agreements, they can choose partner airlines from among domestic or international carriers. The former case results in a...
Persistent link: https://www.econbiz.de/10012735979
fifteen European Union Member States. It is argued that loopholes in EU competition and state aid rules allow national … illustrates the competition distorting measures and discloses their negative impact on liberalization efforts. The results imply …
Persistent link: https://www.econbiz.de/10012733924
, competitive asymmetry, presuming that the competition among the companies is not equal and rivals do not consider each other at …
Persistent link: https://www.econbiz.de/10012302774
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
This paper, a chapter in the forthcoming Research Handbook on the Economics of Corporate law, describes the leading research related to credit ratings, and assesses regulatory proposals related to ratings, including those in the Dodd-Frank Act of 2010. It explains how rating agencies have...
Persistent link: https://www.econbiz.de/10013107567
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run …. From a long-run perspective, one can see that gains from competition-enhancing regulatory reform are likely to exceed … taking a dynamic perspective on competition and efficiency, one can also understand better the new modes of competition …
Persistent link: https://www.econbiz.de/10014113850
introduction of competition and improved quality of regulations, which together condition the speed of technology migration, the …
Persistent link: https://www.econbiz.de/10014346219
. It aims to derive implications for the design of policies aimed at spurring competition under significant renewable …
Persistent link: https://www.econbiz.de/10011588355