Results 151 to 160 of about 28,810 (302)

Do Mergers Result in Collusion? [PDF]

open access: yes
We examine coordinated effects of mergers in the Swedish retail market for gasoline during the period 1986-2002. Despite significant changes in market concentration and many factors conductive to coordination, the empirical analysis shows that the level ...
Ganslandt, Mattias, Norbäck, Pehr-Johan
core  

Climate Uncertainty and Financial Subordination: Evidence From a Two‐Country Stock‐Flow Consistent Model

open access: yesEuropean Financial Management, EarlyView.
ABSTRACT In the face of climate change, uncertainty is deep, systemic, and does not propagate amid an institutional vacuum, contrary to assumptions often underlying existing macroeconomic climate models. The paper presents a macroeconomic Stock‐Flow Consistent model to examine the impact of climate‐related financial pressures under fundamental ...
Riccardo D'Orsi
wiley   +1 more source

Collusion and Durability [PDF]

open access: yes
We develop a model to show that cartels that produce goods with lower durability are easier to sustain implicitly. This observation gen- erates the following results: 1) implicit cartels have an incentive to pro- duce goods with an inefficiently low ...
Strausz, Roland, Sasaki, Dan
core  

Intangible Value Creation Through Teamwork

open access: yesFinancial Management, EarlyView.
ABSTRACT Using a sample of US firms from 1993 to 2023, comprising 38,502 firm‐year observations, we find that collaboration culture positively correlates with intangible value creation. We identify corporate innovation and human capital as the mechanisms via which collaboration correlates with intangible value creation.
Sagarika Mishra   +2 more
wiley   +1 more source

Do Political Connections Seek Green Rent? Only When Safe

open access: yesFinancial Review, EarlyView.
ABSTRACT This study examines how and under what conditions political connections shape firms’ responses to environmental policies. Exploiting the staggered rollout of China's Low‐Carbon City Pilot (LCCP) policy, we find that firms connected to higher‐level governments engage in greater rent‐seeking under this weakly enforced policy.
Tianxi Wang, Ruoran Zhao
wiley   +1 more source

Does cartel leadership facilitate collusion? [PDF]

open access: yes
We discuss the implications of a Stackelberg sequence of play between a cartel and the fringe. We consider two different approaches to collusion: (i) one-stage static model and (ii) a multi-period oligopoly model.
Marc Escrihuela-Villar
core  

‘DIE SOGENANNTEN KLEINEN LEUTE’: MULTIDIRECTIONAL MEMORY AND THE IMPLICATED SUBJECT IN EVA MENASSE'S DUNKELBLUM

open access: yesGerman Life and Letters, EarlyView.
ABSTRACT Set in the fictional Austrian border town of Dunkelblum in the historically momentous summer of 1989, Eva Menasse's novel Dunkelblum (2021) is a polyphonic narrative recounting stories of the town's ‘sogenannten kleinen Leute’ and revolving around the dark core of a Nazi‐era atrocity.
Kylie Giblett
wiley   +1 more source

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