| Description |
1 online resource (514 pages) |
| Series |
World Scientific- Now Publishers Series in Business, 2251-3442 ; Volume 4 |
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World Scientific--Now Publishers series in business ; Volume 4.
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| Contents |
About the Editors; About the Contributors; Introduction; Part I: Competition; Chapter 1 Market Consolidation and Pricing Developments in Grocery Retailing: A Case Study; Abstract; 1. Introduction; 2. UK Grocery Retailing and One-Stop Shopping; 3. The Data; 4. Pricing Developments; 4.1. Firm-level average prices; 4.2. Direction of price changes; 4.3. Magnitude of price changes; 4.4. Price alignment; 4.5. Patterns across product types; 4.6. Leader-follower behavior; 5. Conclusion; Appendix; References; Chapter 2 The Price Effects of Mergers in Airline Networks; Abstract |
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1. Introduction2. Review of Existing Research; 2.1. Theoretical research; 2.2. Empirical research; 3. Development of Two Classifications to Study the Price Effects of Mergers in Airline Networks; 3.1. Classification 1: Overlapping and switching routes; 3.1.1. Overlapping routes; 3.1.2. Switching routes; 3.2. Classification 2: Non-stop overlap and one-stop overlap; 3.2.1. Routes with non-stop overlap; 3.2.2. Routes with one-stop overlap; 3.2.3. Routes with no overlap; 4. Application of a Route Classification to the America West-US Airways Merger; 4.1. Construction of the dataset |
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4.2. Empirical approach and results4.3. Interpretation of estimation results; 5. Summary and Conclusion; Appendix; References; Chapter 3 Pattern Asymmetry in the Pass-Through of Input Price Shocks in the Road Fuels Sector: New Evidence on the United Kingdom; Abstract; 1. Introduction; 2. Previous Work on "Rockets and Feathers"; 3. Methodology; 4. Data; 5. Analysis and Results; 5.1. National level results; 5.2. Local-level analysis; 6. Conclusion; References; Chapter 4 Better Product at Same Cost: Leader Innovation vs. Generic Product Improvement; Abstract; 1. Introduction |
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2. The Model and Market Equilibrium3. Consumer Surplus and Total Welfare; 4. Concluding Remarks; References; Chapter 5 Industry Structure and Pricing Over the Business Cycle; Abstract; 1. Introduction; 2. The Model; 3. Firm 1 is the First Mover; 4. Firm 2 is the First Mover; 5. Concluding Remarks; References; Chapter 6 Price Competition between Platforms: The Case of eBay vs. Yahoo! Auctions; Abstract; 1. Introduction; 2. The Model; 2.1. Exogenous buyer charges; 2.2. Exogenous seller charges; 3. Endogenous Seller Price Competition; 3.1. Participation constraints; 3.2. Platform profits |
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4. Implications for Brown and Morgan (2009)5. Conclusion; 6. Appendix; References; Part II: Anticompetitive Practices; Chapter 7 Cartel Sales Dynamics when Monitoring for Compliance is More Frequent than Punishment for Non-Compliance; Abstract; 1. Introduction; 2. Model; 3. Equilibrium Behavior; 3.1. Case of cost shocks; 3.2. Case of cost and demand shocks; 4. Volatility of Sales; 5. Conclusions; References; Chapter 8 Exploitation and Induced Tacit Collusion: A Classroom Experiment of Corporate Leniency Programs; Abstract; 1. Introduction; 2. The Game; 3. Experimental Procedures |
| Summary |
This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current policy issues in competition and regulation. The book contains contributions at the frontier of competition economics and regulation and provides perspectives on recent research findings in the field. Written by experts in their respective fields, the book brings together current thinking on market forces at play in imperfectly competitive industries, how firms use anti-competitive pract |
| Notes |
4. Experimental Results |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
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Print version record |
| Subject |
Competition -- Congresses
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Competition, Unfair -- Congresses
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Commercial law -- Congresses
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Commercial law
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Competition
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Competition, Unfair
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| Genre/Form |
Conference papers and proceedings
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| Form |
Electronic book
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| Author |
Peitz, Martin, editor
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Spiegel, Yossi, editor
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| ISBN |
9814616362 |
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9789814616362 |
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1322030774 |
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9781322030777 |
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