Results 51 to 60 of about 455 (189)
Preemptive Entry and Technology Diffusion: The Market for Drive‐In Theaters
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
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
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
Aplicação Privada da Lei Antitruste no Brasil
Resumo Embora a lei brasileira preveja expressamente a ação privada de cessação de ilícitos concorrenciais e de indenização por danos decorrentes destas condutas (aplicação privada do direito antitruste), sua utilização é bastante restrita no país ...
Marcus de Freitas Gouvea
doaj
Directive 2014/104/EU contains detailed provisions related to the disclosure of evidence in actions for damages before national courts that seek to strike a balance between a claimant’s right to access evidence in support of its private damages claim ...
Claudia Massa
doaj +1 more source
The three‐step test in international copyright—a global framework for generative AI training
Abstract The training of generative artificial intelligence (genAI) models involves the processing of large datasets, which often include copyrighted materials, thereby raising questions of copyright infringement. These questions tend to center on whether such use constitutes fair use or falls under text and data mining (TDM) exceptions.
Nicola Lucchi +2 more
wiley +1 more source
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
The transposition of Directive 2014/104 on private damages actions marks an important development in the setting up of a harmonised private competition law enforcement regime across different EU Member States.
Pieter Van Cleynenbreugel
doaj +1 more source
ABSTRACT Gender equality in the economy is a key issue on the political agenda. Western countries have long pursued policies promoting free competitive markets, with the EU focusing on harmonisation for market freedom. This study examines how economic freedom impacts gender equality using an instrumental variable approach. Results reveal mixed effects:
Matteo Migheli
wiley +1 more source
ABSTRACT Using a conjoint experiment on highly educated labor market entrants in the Philippines, we examine how restrictive covenants shape perceived occupational mobility. Respondents compared hypothetical jobseeker profiles with randomized non‐compete, training repayment, and non‐solicitation clauses, then chose the likely applicant to four mobility
Vincent Jerald Ramos, Benjamin Radoc
wiley +1 more source

