Results 151 to 160 of about 144,353 (287)

Bank Capital and Misconduct Incentives

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT This paper studies large banks' incentives to engage in misconduct by abusing their dominant position in the market for loans and by mis‐selling an add‐on financial product to depositors. We draw new connections between stability‐focused prudential regulation and misconduct by studying the impact of higher capital requirements on misconduct ...
Jacob Seifert
wiley   +1 more source

Optimal Collusion with Internal Contracting [PDF]

open access: yes
In this paper, we develop a model of collusion in which two firms play an infinitely repeated Bertrand game when each firm has a privately-informed agent.
Gea Myoung Lee
core  

Market Shares as a Collusive Marker: Evidence From the European Truck Industry

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT Collusion theory robustly predicts non‐cartel rivals will raise their prices and increase their output. As a typical cartel cuts back production, its competitors are expected to gain market share during the collusive period and to lose market share in the period following the cartel's demise. We provide empirical support for this prediction by
Andreas Bovin, Iwan Bos
wiley   +1 more source

Tacit Collusion in Capacity Investment: The Role of Capacity Exchanges [PDF]

open access: yes
In many capacity-intensive industries (e.g. electricity, bandwidth), exchanges allow firms to buy and sell wholesale capacity before selling on the retail market.
Christiaan Hogendorn
core  

Cross Ownership Versus Merger Under Product Differentiation

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT We compare the merger participants' profits under a merger and under cross ownership (CO) in an oligopolistic industry with horizontally differentiated products. We show under Cournot competition that the merger participants would be better off under a symmetric CO than a merger.
Arijit Mukherjee
wiley   +1 more source

Potential collusion and trust: Evidence from a field experiment in Vietnam [PDF]

open access: yes
We conduct framed trust games using contract dairy farmers in Vietnam as first movers to assess the impact of potential collusion on trust. Disaggregated analysis suggests that female farmers are more likely to trust overall, but are also more responsive
Torero, Maximo, Viceisza, Angelino
core  

Buyer Power and the Effect of Vertical Integration on Innovation

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT Our article investigates the impact of vertical integration (without foreclosure) on innovation. We compare cases where either (i) two manufacturers or (ii) a manufacturer and a vertically integrated retailer invest. Then, the independent manufacturer(s) and the retailer bargain over nonlinear contracts before selling to consumers.
Claire Chambolle, Morgane Guignard
wiley   +1 more source

Home - About - Disclaimer - Privacy