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114 Ergebnisse, ab 81
  • Referierte Aufsätze Web of Science

    Abuse of Dominance and Antitrust Enforcement in the German Electricity Market

    In: Energy Economics 92 (2020), 104936, 15 S. | Tomaso Duso, Florian Szücs, Veit Böckers
  • Referierte Aufsätze Web of Science

    The Impact of Competition Policy Enforcement on the Functioning of EU Energy Markets

    We investigate the impact of competition policy enforcement on the functioning of European energy markets while accounting for sectoral regulation. For this purpose, we compile a novel dataset on the European Commission's (EC) and EU member states' competition policy decisions in energy markets and combine it with firm- and sector-level data. We find that EC merger policy has a positive and robust ...

    In: The Energy Journal 40 (2019), 5, S. 97-120 | Tomaso Duso, Jo Seldeslachts, Florian Szücs
  • Referierte Aufsätze Web of Science

    Market Power and Heterogeneous Pass-Through in German Electricity Retail

    We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007–2014 period. We find an average pass-through rate of around 60%. This significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have greater market power because customers are less willing to switch, is only 50%, it increases to 70% in the competitive ...

    In: European Economic Review 98 (2017), S. 354-372 | Tomaso Duso, Florian Szücs
  • Referierte Aufsätze Web of Science

    Why Are Chinese MNEs not Financially Competitive in Cross-Border Acquisitions? The Role of State-Ownership

    While MNEs from emerging markets — and China in particular — tend to pay high acquisition premiums when they engage in cross-border acquisition activity, the determinants of this overbidding are not completely understood. We argue that state ownership is a key factor in explaining the high acquisition premiums paid by emerging-market multinationals. Employing data on 450 Chinese outward cross-border ...

    In: Long Range Planning 49 (2016), 5, S. 614-631 | Wenxin Guo, Joseph A. Clougherty, Tomaso Duso
  • Referierte Aufsätze Web of Science

    Effective European Antitrust: Does EC Merger Policy Generate Deterrence?

    We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990–2009 period. Our empirical results suggest phase-1 remedies uniquely generate robust deterrence as—unlike phase-1 withdrawals, phase-2 remedies, and preventions—phase-1 remedies lead to fewer merger notifications in subsequent years. Furthermore, the deterrence effects of phase-1 remedies work best ...

    In: Economic Inquiry 54 (2016), 4, S. 1884-1903 | Joseph A. Clougherty, Tomaso Duso, Miyu Lee, Jo Seldeslachts
  • Referierte Aufsätze Web of Science

    Correcting for Self-Selection Based Endogeneity in Management Research: Review, Recommendations and Simulations

    Foundational to management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g., investments, trainings, strategies and other managerial decision variables) potentially suffer from self-selection based endogeneity ...

    In: Organizational Research Methods 19 (2016), 2, S. 286-347 | Joseph A. Clougherty, Tomaso Duso, Johannes Muck
  • Referierte Aufsätze Web of Science

    Ex Post Merger Evaluation in the U.K. Retail Market for Books

    This paper evaluates the price effects of the merger of two major U.K. book retailers. We use a dataset containing monthly scanner data on a sample of 200 books in 50 local markets for four years around the merger. We compare the price changes after the merger in shops located in areas where both chains were present before the merger and in areas where only one chain was present. We also investigate ...

    In: The Journal of Industrial Economics 64 (2016),1, S. 170-200 | Luca Aguzzoni, Elena Argentesi, Lorenzo Ciari, Tomaso Duso, Massimo Tognoni
  • Referierte Aufsätze Web of Science

    The Welfare Impact of Parallel Imports: A Structural Approach Applied to the German Market for Oral Anti-Diabetics

    We investigate the welfare impact of parallel imports using a large panel dataset containing monthly information on sales, ex-factory prices, and further product characteristics for all 649 anti-diabetic drugs sold in Germany between 2004 and 2010. We estimate a two-stage nested logit model of demand, and on the basis of an oligopolistic model of multi-product firms, we then recover the marginal costs ...

    In: Health Economics 23 (2014), 9, S. 1036-1057 | Tomaso Duso, Annika Herr, Moritz Suppliet
  • Referierte Aufsätze Web of Science

    A Retrospective Merger Analysis in the U.K. Videogame Market

    We study the effect of a merger in a dynamic high-technology industry—the videogame market—which is characterized by the frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the United Kingdom—Game Group PLC and Games Station Limited—we perform a difference-in-differences analysis comparing the price evolution of the merging parties with ...

    In: Journal of Competition Law & Economics 10 (2014), Iss. 4, S. 933-958 | Luca Aguzzoni, Elena Argentesi, Paolo Buccirossi, Lorenzo Ciari, Tomaso Duso, Massimo Tognoni, Christiana Vitale
  • Referierte Aufsätze Web of Science

    Collusion through Joint R&D: An Empirical Assessment

    This paper tests whether upstream R&D cooperation leads to downstream collusion. We show that a sufficient condition for identifying collusive behavior is a decline in the market share of RJV-participating firms. Using information from the U.S. National Cooperation Research Act, we estimate a market share equation correcting for the endogeneity of RJV participation and R&D expenditures. We find robust ...

    In: The Review of Economics and Statistics 96 (2014), 2, S. 349-370 | Tomaso Duso, Lars-Hendrik Röller, Jo Seldeslachts
114 Ergebnisse, ab 81