Using advanced time-series techniques, this paper explores the ability of European refineries to pass-through costs associated with the introduction of the EU Emissions Trading Scheme (ETS). The paper thereby…
One of the most important questions in experimental economics is whether individual behavior in certain games is predictive for behavior in other games or contexts. Critics often claim that individual behavior…
The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Following an introductory section, Section 2 focuses on the characterisation and rationalisation of the term…
The development of international airline markets has led to the dominance of three global airline alliances - Star, SkyTeam and oneworld. As part of an overall assessment of the competitive effects of such…
From a competition policy perspective, predatory behaviour ('predation') has always been a rather controversial issue. For example, while some commentators doubt that such forms of behaviour play a significant…
The last couple of years have seen an increasing interest in the evaluation of competition policy. The Office of Fair Trading (OFT) in the UK, for instance, recently started to estimate the 'positive impact' of…
The market developments in international air transportation have led to the dominance of three global airline alliances - Star, SkyTeam and oneworld. At the same time, members of these alliances receive…
This study examines to which extent the quality of mother-child interaction during infancy can predict cognitive (IQ) and noncognitive skills (persistence) until pre-school age using data from the Mannheim Study…
