Browsing by Subject "Competition"
Now showing items 1-7 of 7
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Competition and monopoly in the U.S. economy: What do the industrial concentration data show?
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Publisher and Date:(Sage Publications, 2021)A recent series of academic studies, think-tank reports, and news articles shows widespread attention to rising industrial concentration and market power in the U.S. economy. In this paper, we focus on concentration in the U.S. nonfinancial corporate sector to make three contributions to the literature. First, we use examples from the debate on industrial concentration to show that there are often-divergent predictions in the theoretical literature surrounding the expected consequences of concentration ...
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COMPETITION IN BANKING SECTOR
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Publisher and Date:(Güven Plus Grup Danışmanlık A.Ş., 2012)
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Corporate risk-taking in developed countries: The influence of economic policy uncertainty and macroeconomic conditions
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Publisher and Date:(Elsevier, 2020)Using 74,974 firm-year observations covering 15 developed European countries over the time period 1999-2017, this paper explores the effect of economic policy uncertainty on corporate risk-taking. The findings indicate that firms become more risk averse with an economic policy uncertainty shock. The relationship is valid under idiosyncratic and earnings volatility risk measures, regardless of whether the macroeconomic condition is favorable or not. Moreover, the competition level in the industry ...
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A Dynamic Game Theory Model For Tourism Supply Chains
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Publisher and Date:(Sage Publications, 2021)This article contributes to the game-theoretic analysis of tourism supply chains. We start with a baseline model including three types of agents: (a) one theme park, (b) multiple accommodation providers, and (c) multiple tour operators. We investigate the strategic dynamics (i.e., collaboration and competition) embedded in a market with two different tourism supply chains, and then we extend our model to an infinite-horizon repeated game arguing that agents would face the same decision problem in ...
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Economic policy uncertainty, stakeholder engagement, and environmental, social, and governance practices: The moderating effect of competition
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Publisher and Date:(Wiley, 2020)his paper investigates the effect of the economic policy uncertainty (EPU) on corporate environmental, social, and governance practices (ESG), using 6,562 firm-year observations from 15 developed European countries covering the period from 2004 to 2017. The results show that during periods of high uncertainty, firms increase their overall ESG performance, corporate environmental performance, and performance in governance. The relationship is valid for emission, resource use, workforce, management, ...
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Efficiency in Turkish banking: post-restructuring evidence
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Publisher and Date:(Routledge Journals Taylor & Francis Ltd, 2017)Turkish banking sector went through a significant restructuring process in the aftermath of the country's financial crisis of 2000-2001. In this paper we analyze the evolution of banking performance using a novel approach due to Ray [(2007). Shadow Profit Maximization and a Measure of Overall Inefficiency. Journal of Productivity Analysis 27 231-236]. We derive shadow unrealized profit scores' as well as shadow input-output prices' for each year and bank in the sector from 2002 to 2011. We argue ...
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Türk rekabet hukukunda hakim durumun kötüye kullanılması
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Publisher and Date:(Kadir Has University, 2014)Bu tez, 4054 sayılı Rekabetin Korunması Hakkında Kanun'un 6. maddesi çerçevesinde hâkim durum ve ilgili temel kavramlar ile bu durumun kötüye kullanıldığı hallerini incelemektedir. Rekabet kanunları, devletin ekonomiye serbest rekabeti kurma ve koruma amacıyla müdahale aracıdır. Hem liberal ekonomik sistemin benimsenmesinin yarattığı bir ihtiyaç hem de Avrupa Birliğine üyelik hedefi doğrultusunda verilen taahhütlerin bir neticesi olarak, 13 Aralık 1994 tarihinde 4054 sayılı Rekabetin Korunması ...
