Results 101 to 110 of about 5,289 (253)
Simulation of a Hirschman-Herfindahl index without complete market share information
This paper utilizes maximum likelihood methods to simulate a Hirschman-Herfindahl index (HHI) for markets in which complete market share information is unavailable or delayed.
Yuri Andrijuk +2 more
core +1 more source
Network Structure and the Efficiency Gains from Mergers: Evidence from U.S. Freight Railroads
ABSTRACT The trade‐off between market power and efficiency gains is central to antitrust analyses of mergers, but empirical evidence quantifying efficiencies remains limited. Using transaction‐level data from U.S. freight railroads (1985–2005), this article quantifies merger‐induced cost efficiencies, driven mainly by eliminating inter‐railroad ...
Yanyou Chen
wiley +1 more source
Regardless its relevance in sports economics, competitive balance has not been studied neither in Spanish nor in European professional basketball. In this preliminary study we measured the competitive balance in the Spanish ACB League from seasons 1983 ...
Pino-Ortega, José +4 more
core
Mergers in the Presence of Adverse Selection
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
Assessment of the State of Competition in the Banking Market in the Russian Federation
Competition is one of the factors directly influencing the development of the banking market, the stability of the banking system, and the monetary system as a whole.
Rabdanova Anna, Bulatova Vera
doaj +1 more source
Towards Credible GHG Reporting: The Role of GHG Assurance and Assurance Providers in Firm Valuation
The demand for greenhouse gas (GHG) emissions disclosures is rising globally; yet, the credibility of such information remains uncertain when assurance is not mandated. Drawing on a sample of firms from 43 countries, this study examines the role of GHG assurance and the choice of assurance provider in the market value effects of GHG emissions.
Sudipta Bose +2 more
wiley +1 more source
The study aims to support the development of a modern, scientifically grounded, and practically applicable decision-preparation system designed for managerial use in the decision-making processes related to regional development based on natural-healing ...
Zoltán Szabó +2 more
doaj +1 more source
This paper aims to evaluate the criticality of strategic metals by (i) investigating the validity of the Herfindahl-Hirschman Index (HHI) for assessing the supply risk aspect of criticality and (ii) determining an appropriate threshold for using this ...
Hache, Emmanuel +2 more
core
The effect of CEO adverse professional experience on management forecast pessimism
Abstract We examine how CEOs' past experiences of corporate distress affect their subsequent forecast behaviour. We find that CEOs who experienced distress in a non‐CEO position at another firm issue more pessimistic management earnings forecasts after becoming CEO at their current firm.
Eunice S. Khoo +2 more
wiley +1 more source
Measurement of market (industry) concentration based on value validity
As measures of concentration, especially for market (industry) concentration based on market shares, a variety of different measures or indices have been proposed.
Tarald O. Kvålseth
doaj

