Results 51 to 60 of about 18,308 (272)

Preemptive Entry and Technology Diffusion: The Market for Drive‐In Theaters

open access: yesThe RAND Journal of Economics, EarlyView.
ABSTRACT This article studies entry preemption in new industries. We first test a key prediction of dynamic entry games: Entry preemption is most relevant in intermediate‐sized markets, where firms face highest uncertainty about future entry. Using US drive‐in theater market (1945–1957) data, we find robust evidence for this non‐monotonic relationship ...
Ricard Gil   +3 more
wiley   +1 more source

Mergers in the Presence of Adverse Selection

open access: yesThe RAND Journal of Economics, EarlyView.
ABSTRACT In the presence of adverse selection, mergers can increase welfare through a reduction in inefficient sorting. I characterize the sorting externality internalized between merging firms in a tractable discrete choice model. Mergers benefit consumers when the firms are small, willingness to pay is moderately increasing in cost, and consumer ...
Conor Ryan
wiley   +1 more source

A FEW NOTES ON THE LANGUAGE OF EU ANTITRUST LAW IN ENGLISH-POLISH TRANSLATION

open access: yesStudies in Logic, Grammar and Rhetoric, 2013
In this paper I would like to present a brief description of the issues in English-Polish translation in the field of antitrust. Ever since Poland became a part of the broadening European integration, the Polish antitrust laws have been strongly ...
Piszcz Anna
doaj   +1 more source

Tech Diplomacy and the Digital International Order: The Case of the EU–U.S. Trade and Technology Council

open access: yesGlobal Policy, EarlyView.
ABSTRACT This article examines the evolving role of the U.S.–EU Trade and Technology Council (TTC) in advancing the EU's digital diplomacy, with a particular focus on its contribution to global digital ordering. Positioned at the intersection of normative engagement and regulatory coordination, the TTC operates as a hybrid mechanism that integrates ...
Corneliu Bjola, Raluca Csernatoni
wiley   +1 more source

What if Adam Smith Debated an AI Economist: A Thought Experiment on Markets, Ethics, and the Invisible Hand

open access: yesBusiness Ethics, the Environment &Responsibility, EarlyView.
ABSTRACT Can AI‐driven capitalism sustain the moral preconditions of market order? We stage a dialogue between Adam Smith and a steel‐manned “EconAI” to test four Moral‐Market‐Fitness criteria: trustworthiness, fairness, non‐domination, and contestability, across 11 dilemmas.
Alexandra‐Codruța Bîzoi   +1 more
wiley   +1 more source

Public Policy as a Ground for Refusal to Enforce EU Antitrust Damages Awards

open access: yesOslo Law Review, 2018
The Brussels I Regulation is crucial for the effectiveness of EU competition law in the field of private enforcement because it provides a legal framework for the recognition and enforcement of judgments in civil and commercial matters, which includes ...
Alla Pozdnakova
doaj   +1 more source

United States Commission on Antitrust Modernization: Final Report and Recommendations

open access: yes, 2007
Final report of the Antitrust Modernization Commission, established by Congress to examine whether there is a need to modernize U.S. antitrust laws and to identify and study-related issues.
United States. Antitrust Modernization Commission.
core  

Cross‐Ownership and Welfare‐Inferior Price Competition with Relative Profit Delegation Contracts

open access: yesBulletin of Economic Research, EarlyView.
ABSTRACT We consider management reward contracts based on relative profit performance under cross‐ownership and find nonequivalence of price and quantity competition. We also examine an endogenous choice of competition mode under unilateral cross‐ownership and show that the welfare‐inferior price competition can appear unless the product's ...
Mingqing Xing, Sang‐Ho Lee
wiley   +1 more source

Is the Problem with Antitrust Law or Antitrust Enforcement? [PDF]

open access: yesJournal of Law and Political Economy
There is an emerging belief that antitrust has failed marginalized populations. For example, exclusionary practices have helped to produce banking and food deserts in low-income communities, though antitrust has seldom intervened. But is this a problem of antitrust law? In fact, another claim is that antitrust law is just fine as opposed to how federal
openaire   +2 more sources

Asymmetric sanctions and corruption: Theory and practice in China

open access: yesEconomic Inquiry, EarlyView.
Abstract Asymmetric punishment of partners in crime, intended to incentivize whistle‐blowing, may increase detection and deterrence. The idea is age‐old but its use against corruption is not frequent. We study a 1997 Chinese reform that strengthened such asymmetries for some forms of bribery.
Maria Perrotta Berlin   +3 more
wiley   +1 more source

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