EconStor >
Philipps-Universität Marburg >
Faculty of Business Administration and Economics, Philipps-Universität Marburg >
MAGKS Joint Discussion Paper Series in Economics, Universität Marburg >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/30073
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorPaha, Johannesen_US
dc.date.accessioned2009-08-26en_US
dc.date.accessioned2010-03-05T15:38:05Z-
dc.date.available2010-03-05T15:38:05Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/30073-
dc.description.abstractStandard methods for calculating cartel-damages rely on data of prices charged and quantity sold. Such data may not easily be available. In this paper, it is shown that a lower bound for cartel-damages can also be computed from accounting data. In previous literature it is shown that economic profits can hardly be inferred from accounting data. Therefore, it is shown under which econometrically testable assumptions on accounting costs a meaningful lower bound for cartel damages can consistently be estimated from accounting data. An estimation of cartel-damages is performed for four vitamins producers that participated in the vitamins cartel. The results indicate that both the aggregation-level and the publication-frequency of accounting data pose a challenge to the estimation of cartel damages. A further challenge is to appropriately reflect the strength respectively effectiveness of the collusive agreement in the specification of any such estimation.en_US
dc.language.isoengen_US
dc.publisherUniv., Dep. of Business Administration & Economics Marburgen_US
dc.relation.ispartofseriesJoint discussion paper series in economics 2009,29en_US
dc.subject.jelC22en_US
dc.subject.jelL12en_US
dc.subject.jelL13en_US
dc.subject.jelL41en_US
dc.subject.ddc330en_US
dc.titleUsing accounting data in cartel damage calculations: blessing or menace?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn603935222en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:MAGKS Joint Discussion Paper Series in Economics, Universität Marburg

Files in This Item:
File Description SizeFormat
603935222.pdf594.55 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.