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Bailouts and the Preservation of Competition
Bailouts Auctions Entry Selection Timber
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2015/9/24
We estimate the value of competition in United States Forest Service (USFS) timber auctions, in the context of the Reagan administration’s bailout of firms that faced substantial losses on existing co...
The Impact of Competition on Management Quality:Evidence from Public Hospitals
Management Hospitals Competition Productivity
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2015/7/15
We analyse the causal impact of competition on managerial quality and hospital performance. To address the endogeneity of market structure we analyse the English public hospital sector where entry and...
Competition among Intermediation Service Providers
Competition among Intermediation Service Providers
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2014/11/27
We analyze a model of imperfect price competition between intermediation service providers. We insist on features that are relevant for informational intermediation via the Internet: the presence of i...
Network Externalities, Competition, and Compatibility
Network Externalities Competition Compatibility
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2014/11/27
There are many products for which the utility that a user derives from consumption of the good increases with the number of other agents consuming the good. There are several possible sources of these...
Revenue Management Games: Horizontal and Vertical Competition
revenue management yield management competition；nash equilibrium airlines
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2014/11/27
A well-studied problem in the literature on airline revenue (or yield) management is the optimal allocation of seat inventory among fare classes, given a demand distribution for each class. In practic...
Competition as an Evolutionary Process and Antitrust Policy
Competition Evolutionary Process Antitrust Policy
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2014/11/27
The antitrust debate in the United States has been grounded and guided by principles derivedf rom equilibrium-basede conomics. However, these principles mischaracterizek eyelements of real economies. ...
Antitrust, Dynamic Competition and Business Ethics
antitrust competitive strategy dynamic competition ethics innovation
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2014/11/27
The American Antitrust Institute, a Washington, D.C. think tank, recently completed a study that concludes that competition law and policy plays little if any role in business ethics courses taught in...