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Advances in competition economics as well as in computational and empirical methods have offered the scope for the employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is, nevertheless, still a very young and innovative instrument...
Persistent link: https://www.econbiz.de/10010321675
) size, as the attribute that determines the predator-prey interaction, (ii) mass balance in the predator-prey allocation …, and (iii) mortality and somatic growth as a consequence of the predator-prey allocation. By incorporating additional …
Persistent link: https://www.econbiz.de/10010321679
Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect increases welfare by reducing the costs of production...
Persistent link: https://www.econbiz.de/10010321682
mergers and economic theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action …
Persistent link: https://www.econbiz.de/10010321686
preferred tool for fishery economics since Clark and Munro (1975) introduced capital theory in these models. Ravn-Jonsen (2009c …) applied capital theory to a model in which the production in the ecosystem is a consequence of predator-prey interaction and …
Persistent link: https://www.econbiz.de/10010321689
Pricing strategies may include the advertising of meeting-the-competition clauses (MCCs). We show in a specific spatial model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of allowing for price discrimination between these...
Persistent link: https://www.econbiz.de/10010321690
theory. This model is the simplest possible that incorporates the principles of size as the main determinant of the predator …-prey interaction, the inclusion of mass balance in the predator-prey allocation, and mortality and somatic growth as consequences of … the predator-prey allocation. The model needs to be parameterized for the specific ecosystem and the price and cost …
Persistent link: https://www.econbiz.de/10010321692
oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so …
Persistent link: https://www.econbiz.de/10010321698
Media markets recently have been identified as multisided markets. The application of the theory of multisided markets … theory of multisided markets and subsequently applies it to media markets. Finally the paper draws attention to the new … perspectives and insights the theory provides but also brings open research questions to light. …
Persistent link: https://www.econbiz.de/10010321700
An ecosystem approach means different things to different people. As a result the concept of ecosystem-based fishery management is evolving and it has no universal definition or consistent application. As regards ecosystem modeling, most economic models of fishery ignore the linkages to lower...
Persistent link: https://www.econbiz.de/10010321701