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We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011436067
We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011495132
consider competition in health insurance markets and physician services markets. We conclude by considering vertical restraints …
Persistent link: https://www.econbiz.de/10014025579
critique of the central components of the DMA, such as its objectives, positioning in comparison to competition law rules, and …
Persistent link: https://www.econbiz.de/10013310980
prevent market consolidation by a limited number of large operators, to block practices that raise barriers to competition by … include second-mover operators in the competition …
Persistent link: https://www.econbiz.de/10014167635
The Australian Parliament has passed legislation compelling tobacco products to be sold in ?plain packaging?. This paper reviews this legislation and its likely effects on prices, market structure in the tobacco industry and on smoking behaviour. Industry changes following two previous sets of...
Persistent link: https://www.econbiz.de/10010576066
We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011630391
We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an … examine the effect of increased competition on auction performance: We find that increased competition reduced bidder surplus … aggressive bidding. Counterfactuals establish that as competition increases, concerns regarding auction format play a smaller …
Persistent link: https://www.econbiz.de/10011435505
Merger value is frequently evaluated in single market contexts without considering possible gains stemming from firms' multimarket presence. This study concentrates on the question through which channels, and of which magnitude, mergers among multimarket firms create incremental value. We...
Persistent link: https://www.econbiz.de/10011549386
mover advantage and quality differentiation in the sequential quality competition. -- Market share maximiziation ; Vertical …
Persistent link: https://www.econbiz.de/10008757547