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In this paper, we assess the impact of competition and regulation on prices of mobile services in France. We estimate …-adjusted prices to a set of competition and regulation variables and find that the launch of 4G networks by mobile operators was the … introduced to pre-empt the entry of low cost competitor declined at the time of entry. Moreover, we find that regulation, which …
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I develop a structural model of mortgage demand and lender competition to study how leverage regulation affects the … leverage regulation increases the concentration of mortgage originations, as large lenders exploit a regulatory cost advantage …
Persistent link: https://www.econbiz.de/10012911375
's subjective beliefs that administrative boundaries will change. Using land prices and changes to land use regulation boundaries …
Persistent link: https://www.econbiz.de/10011794554
Colluding firms often exchange private information and make transfers within the cartels based on the information. Estimating the impact of such collusive practices" - known as the 'lysine strategy profile (LSP)" - on cartel duration is difficult because of endogeneity and omitted variable bias....
Persistent link: https://www.econbiz.de/10009571067
Recent years have witnessed an increased interest, by competition agencies, in assessing the competitive effects of partial acquisitions. We propose an empirical structural methodology to examine quantitatively the unilateral impact of partial horizontal acquisitions. The acquisitions may be...
Persistent link: https://www.econbiz.de/10012905418
In a Stackelberg oligopoly with cost asymmetry and possibility of entry, the Stackelberg leader faces a kinked demand curve. For a robust interval of cost of the leader, the equilibrium price is rigid with respect to small changes in demand and costs of active firms
Persistent link: https://www.econbiz.de/10014064157
This paper analyzes the effects of mergers on markups of non-merging rival firms in narrowly defined markets. Combining data from the European Commission’s market assessments in merger decisions with production data, we use recent methodological advances in the estimation of production...
Persistent link: https://www.econbiz.de/10012317414
regulatory authorities to establish price- or revenue cap regulation regimes. The increasing use of efficiency analysis in the …
Persistent link: https://www.econbiz.de/10013088370