Deregulating Network Industries (2006)
Stefan Bühler, Dennis Gärtner, Daniel Halbheer
This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that...
What Does it Take to Sell Environmental Policy? An Empirical Analysis of Referendum Data
Daniel Halbheer, Sarah Niggli, Armin Schmutzler
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that proposals obtain more yes-votes if they do not restrict consumption possibilities...
Are There Waves in Merger Activity After All?
Dennis Gaertner, Daniel Halbheer
This paper investigates the merger wave hypothesis for the US and the UK employing a Markov regime switching model. Using quarterly data covering the last thirty years, for the US, we identify the...
Deregulating Network Industries: Dealing with Price-Quality Tradeoffs
Stefan Buehler, Dennis Gaertner, Daniel Halbheer
This paper examines the e®ects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we ¯rst show that...
What does it take to sell Environmental Policy? An empirical Analysis of Referendum Data
Daniel Halbheer, Sarah Niggli, Armin Schmutzler
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that proposals obtain more yes-votes if they do not restrict consumption possibilities...
Deregulating Network Industries: Dealing with Price-quality Tradeoffs
Stefan Buehler, Dennis Gärtner, Daniel Halbheer
This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that...
Self-Reinforcing Market Dominance
Daniel Halbheer, Ernst Fehr, Lorenz Goette, Armin Schmutzler
Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated by only a few firms? Although this question is of great economic importance, no...
Are There Waves in Merger Activity After All?
Dennis L. Gärtner, Daniel Halbheer
This paper investigates the merger wave hypothesis for the US and the UK employing a Markov regime switching model. Using quarterly data covering the last thirty years, for the US, we identify the...
Self-Reinforcing Market Dominance
Daniel Halbheer, Ernst Fehr, Lorenz Goette, Armin Schmutzler
Are initial competitive advantages self-reinforcing, so that markets exhibit an endogenous tendency to be dominated by only a few firms? Although this question is of great economic importance, no...