Skip to content!

Topic Markets

clear
0 filter(s) selected
close
Go to page
remove add
412 results, from 381
  • Refereed essays Web of Science

    International Market Integration for Natural Gas? A Cointegration Analysis of Prices in Europe, North America and Japan

    This paper investigates the degree of integration of natural gas markets in Europe, North America and Japan in the time period between the early 1990s and 2004. The relationship between international gas market prices and their relation to the oil price are explored through principal components analysis and Johansen likelihood-based cointegration procedure. Both of them show a high level of natural ...

    In: Energy Economics 27 (2005), 4, S. 603-615 | Boriss Siliverstovs, Guillaume L'Hégaret, Anne Neumann, Christian von Hirschhausen
  • Refereed essays Web of Science

    A Note on R&D and Price Elasticity of Demand

    In: Jahrbücher für Nationalökonomie und Statistik 225 (2005), 6, S. 688-698 | Dorothea Lucke, Philipp J. H. Schröder, Dieter Schumacher
  • Refereed essays Web of Science

    Bundling of Social and Private Goods and the Soft Budget Constraint Problem

    Firms in socialist and transitional economies are often obliged to provide social goods at the same time that they are competing with private firms. This paper analyzes the impact of such bundling on the provision of private and social goods focussing on the inability of politicians to commit not to bail out firms experiencing financial trouble. This soft budget constraint problem results in firms ...

    In: Journal of Comparative Economics 33 (2005), 1, S. 47-58 | Lars-Hendrik Röller, Zhentang Zhang
  • Diskussionspapiere 423 / 2004

    The Incentives for Takeover in Oligopoly

    We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of .rms and of the insiders. share of total industry gains due to the increase in concentration. Our main application is to the linear Cournot and Bertrand models. A takeover is ...

    2004| Roman Inderst, Christian Wey
  • Diskussionspapiere 432 / 2004

    Cartel Stability and Economic Integration

    This paper investigates the effect of economic integration on the ability of firms to maintain a collusive understanding about staying out of each other's markets. The paper distinguishes among different types of trade costs: ad valorem, unit, fixed. It is shown that for a sufficient reduction of ad valorem trade costs, a cartel supported by collusion on either quantities or prices will be weakened, ...

    2004| Philipp J. H. Schröder
  • Refereed essays Web of Science

    The Incentives for Takeover in Oligopoly

    We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of firms and of the insiders' share of total industry gains due to the increase in concentration. Our main application is to the linear Cournot and Bertrand models. A takeover is ...

    In: International Journal of Industrial Organization 22 (2004), 8-9, S. 1067-1089 | Roman Inderst, Christian Wey
  • Externe Monographien

    International Market Integration for Natural Gas? A Cointegration Analysis of Prices in Europe, North America and Japan

    Cambridge, MA: CEEPR, 2004, 25 S.
    (CEEPR Working Papers ; 2004-002)
    | Guillaume L'Hégaret, Boriss Siliverstovs, Anne Neumann, Christian von Hirschhausen
  • Weitere externe Aufsätze

    The Impact of E-Business on Market Structure: The Case of the Automotive Industry

    In: E-Commerce 2004
    Lisbon : iadis
    S. 3-10
    | Daniel Nepelski
  • Refereed essays Web of Science

    A State Space Model for Berlin House Prices: Estimation and Economic Interpretation

    Hedonic regression has become the standard approach for modeling the behavior of house prices. Usually, the common price component is modeled via dummy variables. Based on an approximation for the present value, we deliver an economic interpretation of the common price component. This allows to include explanatory factors like inflation rates, mortgage rates and building permissions. The notional rents ...

    In: Journal of Real Estate Finance and Economics 28 (2004), 1, S.37-57 | Axel Werwatz, Rainer Schulz
  • Diskussionspapiere 414 / 2004

    The Amenity Value of Climate to German Households

    This study uses the hedonic approach to measure the amenity value of climate in Germany. Unlike in earlier research separate hedonic wage and house price regressions are estimated for relatively small geographic areas and formal tests undertaken to determine whether the coefficients describing the impact of climate variables are homogenous across these areas. Evidence suggests that German households ...

    2004| Katrin Rehdanz, David Maddison
412 results, from 381
keyboard_arrow_up