Industrial Organization Commons^™

Some Economic Issues In Indian Textile Sector, Badri Narayanan G.

Badri Narayanan G.

No abstract provided.

An Overview Of Combinatorial Auctions, Peter Cramton, Yoav Shoham, Richard Steinberg

Peter Cramton

No abstract provided.

Chinese Loyalty To Supervisor Questionnaire Development, Ding-Yu Jiang, Bor-Shuian Cheng, Chi-Ying Cheng, Li-Fang Chou

Research Collection School of Social Sciences

Loyalty to supervisor is a prevalent but under-investigated phenomenon in Chinese organizations. One plausible reason for this is the lack of a reliable and valid measure of loyalty in the Chinese context. This study aims to develop a valid measure of Chinese loyalty to supervisor. In Study 1, we identify a four-dimension construct of loyalty to supervisor that consists of 11 sub-dimensions (factors) on the basis of loyalty literature. The four dimensions are: identification with supervisor, task assistance, obedience, and sacrifice for supervisor. In Study 2, a 40-item Chinese loyalty to supervisor scale was developed and examined by three independent …

Análisis De La Colusión De Empresas En Un Esquema De Teoría De Juegos: Comentarios Y Reflexiones, Vicente German-Soto, José Luis Escobedo

Vicente German-Soto

Comments On The Rggi Market Design, Peter Cramton

Peter Cramton

No abstract provided.

The 700 Mhz Spectrum Auction: An Opportunity To Protect Competition In A Consolidating Industry, Peter Cramton, Andrzej Skrzypacz, Robert Wilson

Peter Cramton

This paper is provided in connection with the 2007 Telecommunications Symposium – Voice, Video and Broadband: The Changing Competitive Landscape and Its Impact on Consumers, sponsored by the Antitrust Division of the U.S. Department of Justice (“the Division”). Our focus is on the state of competition in the wireless sector. Maintaining a competitive wireless sector is particularly critical if, as the Division’s agenda indicates, wireless services are to function as a competitive alternative to wireline technologies. Strengthening competition is especially important now after recent mergers that consolidated the wireless industry into a few dominant firms (two to four depending on …

Testimony On Broadband To Senate Committee On Small Business And Entrepreneurship, Scott J. Wallsten

Scott J. Wallsten

No abstract provided.

The Legal Periphery Of Dominant Firm Conduct, Herbert J. Hovenkamp

All Faculty Scholarship

This essay explores two different but related problems and how U.S. antitrust law and EU competition law approach them. The first is the offense of attempt to monopolize, which concerns the acts that a firm that is not yet dominant might undertake in order to become dominant. The second is the offense of monopoly or dominant firm leveraging, which occurs when a firm uses its dominant position in one market to cause some kind of harm in a different market where it also does business.

The language of EU and U.S. provisions concerning dominant firms provokes one to think that …

Comments On The Fcc’S Proposed Competitive Bidding Procedures For Auction 73, Peter Cramton, Gregory Rosston, Andrzej Skrzypacz, Robert Wilson

Peter Cramton

No abstract provided.

Research And Analysis On The Competence Of China’S Chemical Shipping Enterprise, Huan Yu

World Maritime University Dissertations

No abstract provided.

Globalization: Drive To The Decline Of Liner Conferences, Junlei Mao

World Maritime University Dissertations

No abstract provided.

A Descriptive Analysis Of The Spanish Automobile Market In The 1990'S, Xosé-Luís Varela-Irimia

Xosé-Luís Varela-Irimia

This paper provides an overview of the automobile market in Spain during the 1990's, from the point of view of quality improvement and new product commercialization trends.

Possible Design For A Greenhouse Gas Emissions Trading System, Peter Cramton

Peter Cramton

No abstract provided.

Colombia’S Forward Energy Market, Peter Cramton

Peter Cramton

This paper presents a market design for Colombia’s forward energy market, which is scheduled to began in 2008. The forward energy market is an organized market to procure energy for electricity customers on a forward basis. It includes both the regulated market (residential and other small customers) and the nonregulated market (large customers). Currently, regulated customers represent 68% of the total electricity demand and nonregulated customers represent the remaining 32%. The proposed design is novel in that it integrates both the regulated and nonregulated customers into a single organized market. Although the regulated and nonregulated energy products remain distinct, their …

On The Segmentation Of Markets, Nicolas L. Jacquet, Serene Tan

Research Collection School Of Economics

This paper endogenizes the market structure of an economy with heterogeneous agents who want to form bilateral matches in the presence of search frictions and when utility is nontransferable. There exist infinitely many marketplaces, and each agent chooses which marketplace to be in: agents get to choose not only whom to match with but also whom they meet with. Perfect segmentation is obtained in equilibrium, where agents match with the first person they meet. All equilibria have the same matching pattern. Although perfect assortative matching is not obtained in equilibrium, the degree of assortativeness is greater than in standard models.

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

Affidavit arguing that HQ manipulated the NYISO TCC and day-ahead energy markets. On behalf of DC Energy, LLC.

Economist Letter To Ntia On 700 Mhz Spectrum Auction, Peter Cramton, Andrzej Skrzypacz, Simon Wilkie, Robert Wilson

Peter Cramton

As the 700 MHz auction approaches, we are writing to clear up a common misconception about the nature of spectrum auctions and the impact of various rules on auction revenues.

Essential Entry: Revenues In The 700 Mhz Spectrum Auction, Peter Cramton

Peter Cramton

A common misconception is that an open access provision on a sliver of the 700 MHz spectrum would reduce auction revenues. In fact, the open access, wholesale, and bidding credit provisions put forth by Frontline Wireless, will motivate new entry, enhance competition in the auction, and raise revenues.

The Constrained Coalitional Price Setting Game: Theory And Applications, Martin C. Byford

Martin Byford

In a number of simple settings there do not exist Nash equilibria, to the Bertrand price setting game, in pure strategies. Two prominent examples where pure strategy solutions do not exist are price competition with convex costs and spatial competition with finite buyers. This thesis develops an alternative model of price formation. The model examines as a non- transferable utility coalitional game the set of outcomes that are feasible in the Bertrand price setting game.

In spatial models with finite buyers the core of this NTU coalitional game is equivalent to the set of outcomes that can be produced by …

Revenues In The 700 Mhz Spectrum Auction, Peter Cramton, Andrzej Skrzypacz, Robert Wilson

Peter Cramton

There have been several comments that criticize auction rules that prevent the two major low-frequency incumbents from winning all of the newly available spectrum and incorporating it into their proprietary networks. Such rules include new-entrant set-asides, new-entrant bidding credits, and the open access plan. We disagree with these criticisms and argue that given the current market structure, such rules are likely to improve welfare and auction revenues. We are submitting this report to provide sound economic analysis of these claims.

Economic Comments On The Design Of The 700 Mhz Spectrum Auction, Peter Cramton, Andrzej Skrzypacz, Robert Wilson

Peter Cramton

We comment on the service and auction rules discussed in the Report and Order and Further Notice of Proposed Rule Making, FCC 07-72, 27 April 2007. We recommend that the FCC designate one license for a wholesale operation that provides open access nationwide on nondiscriminatory terms. This is necessary to enable entry of new businesses offering wireless services in retail markets. It also enables local operators to offer roaming at competitive prices. The new license accords with the Commission’s policy to encourage competition, and recognizes the benefits to consumers from low prices and expanded services.

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

Affidavit arguing that the Illinois auction for energy for small customers was a competitive auction. On behalf of J. Aron & Company and Morgan Stanley Capital Group Inc.

Product Design For Colombia’S Regulated Market, Peter Cramton

Peter Cramton

This paper presents a product design for Colombia’s regulated market (MOR), which is scheduled to began in 2008. The regulated market consists of residential and other small customers. Currently, regulated customers represent 69% of the total load. I propose a market based on a single load-following product in which each supplier bids to serve its desired share of the Colombia regulated load. Thus, a supplier that wins a 10% share at auction has an obligation to serve 10% of the actual regulated load in every hour of the commitment period. The supplier is paid the MOR clearing price for every …

Challenges For Business Services In European Economic Growth, Henk Lm Kox

Henk LM Kox

#1; Stylised facts on growth of EU business services #1; Problem: dynamic, but weak productivity growth #1; Direct and indirect growth contributions #1; Challenges and opportunities

Why Large Licenses Are Best For The 700 Mhz Spectrum Auction, Peter Cramton

Peter Cramton

No abstract provided.

Market-Based Alternatives For Managing Congestion At New York’S Laguardia Airport, Peter Cramton, Michael O. Ball, Lawrence M. Ausubel, Frank Berardino, George Donohue, Mark Hansen, Karla Hoffman

Peter Cramton

We summarize the results of a project that was motivated by the expiration of the “High Density Rule,” which defined the slot controls employed at New York’s LaGuardia Airport for more than 30 years. The scope of the project included the analysis of several administrative measures, congestion pricing options and slot auctions. The research output includes a congestion pricing procedure and also the specification of a slot auction mechanism. The research results are based in part on two strategic simulations. These were multi-day events that included the participation of airport operators, most notably the Port Authority of New York and …

Market Place Europe - 50 Years Of Market Integration In The European Union (European Outlook), Albert Van Der Horst, Henk Kox, Arjan Lejour, Bas Straathof

Henk LM Kox

Affidavit Of Peter Cramton, Peter Cramton

Peter Cramton

Affidavit identifying manipulation of New York's capacity market by KeySpan and the need for market monitoring and mitigation. On behalf of Consolidated Edison Company of New York.

Academic Testimony On Unilateral Conduct Before The U.S. Dept. Of Justice & Federal Trade Commission Hearings, Aaron S. Edlin

Aaron Edlin

No abstract provided.

La Convergencia Y El Principio De La Neutralidad Tecnológica, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.