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Topic Competition and Regulation

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666 results, from 11
Diskussionspapiere 1983 / 2021

Optimal Discounts in Green Public Procurement

We consider a Green Public Procurement setting where the procurer provides a bid discount to environment-friendly technologies to foster their use. We assume that, before the auction, firms may switch to green technology via a publicly observable costly investment. We show that investment acts as a signaling device. This mitigates the effect of incomplete information on firms’ costs, thereby triggering ...

2021| Olga Chiappinelli, Gyula Seres
Externe referierte Aufsätze

The Leniency Rule Revisited: Experiments on Cartel Formation with Open Communication

The experimental literature on antitrust enforcement provides robust evidence that communication plays an important role for the formation and stability of cartels. We extend these studies through a design that distinguishes between innocuous communication and communication about a cartel, sanctioning only the latter. To this aim, we introduce a participant in the role of the competition authority, ...

In: International Journal of Industrial Organization 76 (2021), 102728, 25 S. | Maximilian Andres, Lisa Bruttel, Jana Friedrichsen
Externe referierte Aufsätze

The Effect of Mergers on Variety in Grocery Retailing

We study a merger between two Dutch supermarket chains to assess its effect on the depth as well as composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in pre-merger competitive conditions and thus in the merger outcomes. To define our control group, we account for selection on observables through a matching procedure. We observe that, after the merger, ...

In: International Journal of Industrial Organization 79 (2021), 102789, 19 S. | Elena Argentesi, Paolo Buccirossi, Roberto Cervone, Tomaso Duso, Allessia Marrazzo
Externe referierte Aufsätze

Mexico and U.S. Power Systems Under Variations in Natural Gas Prices

This study examines the impact of natural gas prices on the power systems of Mexico and the United States. For this, we develop an integrated modeling framework by soft linking three different techno-economic bottom-up models of the power and energy systems, one partial equilibrium model of the natural gas sector, and a partial equilibrium model of the Mexican energy sector. Our results show several ...

In: Energy Policy 156 (2021), 112378, 18 S. | Luis Sarmiento, Anahi Molar-Cruz, Charalampos Avraam, Maxwell Brown, Juan Rossellón, Sauleh Siddiqui, Baltazar Solano Rodríguez

Essays on the Economics of the Pharmaceutical Industry

The pharmaceutical industry makes a significant contribution to global health and economic welfare through the development and production of innovative medical treatments. This dissertation consists of four essays which advance our understanding of the pharmaceutical industry and how to effectively regulate this sector. Each chapter aims to provide new insights, which are relevant for policymakers, ...

Leuven: Katholieke Universiteit, 2021, XII, 206 S. | Melissa Newham
SOEPpapers 1126 / 2021

Trade Shocks, Fertility, and Marital Behavior

Using longitudinal data from the German Socio-Economic Panel, we analyze the effects of exposure to trade on the fertility and marital behavior of German workers. We find that individuals working in sectors that were more affected by import competition from Eastern Europe and suffered worse labor market outcomes were less likely to have children. In contrast, workers in sectors that benefited from increased ...

2021| Osea Giuntella, Lorenzo Rotunno, Luca Stella

Scenario Analysis as a Tool for Companies, Investors, and Regulators on the Path to Climate Neutrality

The structural transformation necessary for achieving climate neutrality is characterized by many interdependent changes. Shaping the transition to a zero-emissions economy cannot be based on past data alone, but also requires the definition of future scenarios that are as consistent as possible. The aim of these scenarios is to show how companies are prepared for transformation processes and burdens ...

Berlin: Wissenschaftsplattform Sustainable Finance, 2021, 12 S.
(Policy Brief / Sustainable Finance Research Platform ; 5/2021)
| Karol Kempa, Ulf Moslener, Karsten Neuhoff, Oliver Schenker, Franziska Schütze
Diskussionspapiere 1943 / 2021

Home Bias in Sovereign Exposure and the Probability of Bank Default - Evidence from EU Stress Test Data

Since the European debt crisis economists and politicians discuss intensively the sovereign-bank nexus. The high activity in sovereign bond issuance required to mitigate the burden of the Covid19 crisis will rather intensify this debate than calm it down. Surprisingly, however, we still have only limited knowledge about the impact of a home bias in sovereign exposure on bank stability. This paper provides ...

2021| Dominik Meyland, Dorothea Schäfer
Externe referierte Aufsätze

Cost Efficiency and Endogenous Regulatory Choices: Evidence from the Transport Industry in France

We study the impact of different regulatory designs on the cost efficiency of operators providing a public service, exploiting data from the French transport industry. The distinctive feature of the study is that it considers regulatory regimes as endogenously determined choices, explained by economic, political, and institutional variables. Our approach leans on a positive analysis to study the determinants ...

In: Journal of Regulatory Economics 59 (2021), S. 25-46 | Joanna Piechucka
Diskussionspapiere 1931 / 2021

A Retrospective Study of State Aid Control in the German Broadband Market

We provide an evaluation of the impact of public subsidy schemes that aimed to support the development of basic broadband infrastructure in rural areas of Germany. Such subsidies are subject to state aid control by the European Commission (EC). While the EC increasingly recognises the role of economic analysis in controlling public aid to companies, there are to date no full retrospective studies performed ...

2021| Tomaso Duso, Mattia Nardotto, Jo Seldeslachts
666 results, from 11