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    <link>https://hdl.handle.net/10419/50911</link>
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    <pubDate>Tue, 28 Apr 2026 10:08:02 GMT</pubDate>
    <dc:date>2026-04-28T10:08:02Z</dc:date>
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      <title>Remedy for now but prohibit for tomorrow: the deterrence effects of merger policy tools</title>
      <link>https://hdl.handle.net/10419/51011</link>
      <description>Title: Remedy for now but prohibit for tomorrow: the deterrence effects of merger policy tools
Authors: Seldeslachts, Jo; Clougherty, Joseph A.; Barros, Pedro Pita
Abstract: Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect. Neither scholars nor policymakers have fully researched the deterrence effects of merger policy tools, as they have been unable to empirically measure these effects. We consider the ability of different antitrust actions – Prohibitions, Remedies, and Monitorings – to deter firms from engaging in mergers. We employ cross-jurisdiction/pan-time data on merger policy to empirically estimate the impact of antitrust actions on future merger frequencies. We find merger prohibitions to lead to decreased merger notifications in subsequent periods, and remedies to weakly increase future merger notifications: in other words, prohibitions involve a deterrence effect but remedies do not.</description>
      <pubDate>Mon, 01 Jan 2007 00:00:00 GMT</pubDate>
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      <dc:date>2007-01-01T00:00:00Z</dc:date>
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      <title>The sales effect of word of mouth: a model for creative goods and estimates for novels</title>
      <link>https://hdl.handle.net/10419/51035</link>
      <description>Title: The sales effect of word of mouth: a model for creative goods and estimates for novels
Authors: Beck, Jonathan
Abstract: Weekly sales of creative goods – like music records, movies or books – usually peak shortly after release and then decline quickly. In many cases, however, they follow a hump-shaped pattern where sales increase for some time. A popular explanation for this phenomenon is word of mouth among a population of heterogeneous buyers, but previous studies typically assume buyer homogeneity or neglect word of mouth altogether. In this paper, I study a model of new-product diffusion with heterogeneous buyers that allows for a quantification of the sales effect of word of mouth. The model includes Christmas sales as a special case. All parameters have an intuitive interpretation. Simulation results suggest that the parameters are estimable for data that are not too volatile and that cover a sufficiently large part of a title’s life cycle. I estimate the model for four exemplary novels using scanner data on weekly sales.</description>
      <pubDate>Sun, 01 Jan 2006 00:00:00 GMT</pubDate>
      <guid isPermaLink="false">https://hdl.handle.net/10419/51035</guid>
      <dc:date>2006-01-01T00:00:00Z</dc:date>
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      <title>Incentives and coordination in vertically related energy markets</title>
      <link>https://hdl.handle.net/10419/51023</link>
      <description>Title: Incentives and coordination in vertically related energy markets
Authors: Micola, Augusto Rupérez; Banal Estañol, Albert; Bunn, Derek W.
Abstract: We present an agent-based model of a multi-tier energy market including gas shippers, electricity generators and retailers. We show how reward interdependence between strategic business units within a vertically integrated firm can increase its profits in oligopolistic energy markets. The effects are shown to be distinct from those of the raising rivals’ costs model. In our case, higher prices relate to the nature of energy markets, which facilitate the emergence of financial netback effects.</description>
      <pubDate>Sun, 01 Jan 2006 00:00:00 GMT</pubDate>
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      <dc:date>2006-01-01T00:00:00Z</dc:date>
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    <item>
      <title>The impact of ISO 9000 diffusion on trade and FDI: a new institutional analysis</title>
      <link>https://hdl.handle.net/10419/50962</link>
      <description>Title: The impact of ISO 9000 diffusion on trade and FDI: a new institutional analysis
Authors: Clougherty, Joseph A.; Grajek, Michał
Abstract: The effects of ISO 9000 diffusion on trade and FDI have gone understudied. We employ panel data reported by OECD nations over the 1995-2002 period to estimate the impact of ISO adoptions on country-pair economic relations. We find ISO diffusion to have no effect in developed nations, but to positively pull FDI (i.e., enhancing inward FDI) and positively push trade (i.e., enhancing exports) in developing nations.</description>
      <pubDate>Sun, 01 Jan 2006 00:00:00 GMT</pubDate>
      <guid isPermaLink="false">https://hdl.handle.net/10419/50962</guid>
      <dc:date>2006-01-01T00:00:00Z</dc:date>
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