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  • 1
    Book
    Book
    Beijing : Nuoart
    UID:
    (DE-627)1540461017
    Format: 14 ungezählte Seiten , Illustrationen
    Language: Chinese , English
    Keywords: Ausstellungskatalog
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  • 2
    UID:
    (DE-605)HT009129536
    Format: 152 S. : Ill.
    ISBN: 3802513711
    Language: Undetermined
    Keywords: Kind ; Gesunde Ernährung ; Kochbuch
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  • 3
    Online Resource
    Online Resource
    Düsseldorf : Düsseldorfer Institut für Wettbewerbsökonomie (DICE), Heinrich-Heine-Universität Düsseldorf
    UID:
    (DE-627)833385763
    Format: 1 Online-Ressource (29 Seiten)
    ISBN: 9783863046729
    Series Statement: DICE Ordnungspolitische Perspektiven Nr. 72
    Content: Auf Plattformmärkten werden vielfach Meistbegünstigungsklauseln eingesetzt, durch welche der Anbieter verpflichtet wird, seine Produkte auf der jeweiligen Plattform zu den günstigsten Konditionen zu offerieren. Kartellrechtlich sind diese Klauseln umstritten. Im Jahr 2013 hat das Bundeskartellamt (BKartA) in dem HRS-Beschluss, welcher jüngst durch das OLG Düsseldorf bestätigt wurde, eine solche Klausel als wettbewerbsbeschränkende Vertikalvereinbarung sowie als Missbrauch einer marktbeherrschenden Stellung eingestuft. Angelehnt an diesen Beschluss beleuchtet der folgende Beitrag die wettbewerbsökonomischen Auswirkungen sowie die wettbewerbsrechtliche Zulässigkeit dieser Klauseln. Dabei wird durch die Verknüpfung juristischer und ökonomischer Betrachtungen eine adäquate Marktabgrenzung in einem - potenziell - zweiseitigen Markt sowie eine deskriptive Wirkungsanalyse vorgenommen und resümiert.
    Content: Online platforms have increasingly implemented so-called 'Across-Platform Parity Agreements', restraining the seller to offer his goods to any other retailer / intermediary at more favorable terms and conditions. These clauses raise antitrust concerns; i. a., the German Federal Cartel Office (recently confirmed by the Düsseldorf Court of Appeal) declared the implementation by the online hotel-booking portal HRS as anticompetitive. The justification given was that it would constitute an effected restriction of competition as well as an abuse of a dominant position. While incorporating the (often neglected) economic theory into legal practice, this case study examines the admissibility under competition law and discusses the most controversial issues. In particular, the market definition of the - potentially - two-sided market based on the demand-side oriented market concept is scrutinized. In addition, a descriptive efficiency analysis is performed, considering possible alternatives to attain the positive effects. By applying the 'more-economic approach', both of these factors, which were also decisive for the injunctive relief, are differently assessed to the decision. Consequently, from a competition policy perspective, this law and economics analysis concludes that the prohibition of the implementation of APPA is not justified.
    Note: Gesehen am 07.12.2015 , Text deutsch, Zusammenfassung englisch , Systemvoraussetzungen: PDF-Reader. , Zsfassung in engl. Sprache
    Language: English , German
    Keywords: Arbeitspapier ; Graue Literatur
    URL: Volltext  (kostenfrei)
    URL: Volltext  (kostenfrei)
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  • 4
    UID:
    (DE-627)1634706420
    ISSN: 1611-1982
    In: Zeitschrift für Wettbewerbsrecht, Köln : RWS Verl. Kommunikationsforum GmbH, 2003, 13(2015), 3, Seite 245-264, 1611-1982
    In: volume:13
    In: year:2015
    In: number:3
    In: pages:245-264
    Language: German
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  • 5
    UID:
    (DE-605)HT018772714
    Format: 29 S. : graph. Darst.
    ISBN: 9783863046729
    Series Statement: DICE ordnungspolitische Perspektiven 72
    Language: German
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  • 6
    Online Resource
    Online Resource
    [S.l.] : SSRN
    UID:
    (DE-627)1791969518
    Format: 1 Online-Ressource (46 p)
    Content: The procedures used in corporate bond event studies to date fail to control for heteroskedasticity due to differences in return volatility by term-to-maturity, rating, and other factors resulting in low test power. Bond return standardization yields considerably more powerful tests. Also, due to infrequent trading, use of bond transaction price observations over several days before and after an event, while giving more weight to returns calculated from transactions closer to the event, yields considerably more powerful tests than returns based solely on transactions the day before and the day after the event. Exploring the test bias caused by overlapping event dates, we find that, adjusted for rating and maturity, the correlation among standardized abnormal bond returns is small but that even fairly small correlations can result in biased test statistics. A bond market modification of the Kolari and Pynnönen (2010) procedure corrects this bias
    Note: In: Journal of Banking and Finance, Forthcoming , Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 23, 2015 erstellt
    Language: English
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  • 7
    Online Resource
    Online Resource
    [S.l.] : SSRN
    UID:
    (DE-627)1792647034
    Format: 1 Online-Ressource (47 p)
    Content: Issues in the construction of corporate bond event studies using bond transaction data are explored. We show that the procedures used in studies to date have relatively low power because they fail to control for the substantial heteroskedasticity in bond returns due to differences in term-to-maturity, rating, and other characteristics. Standardization of bond returns by their estimated volatility leads to much more powerful tests. We further find that due to infrequent trading, use of transaction price observations over several days before and after an event, while giving more weight to returns calculated from transactions closest to the event, yields considerably more powerful tests than returns based solely on transactions the day before and day after the event (while also increasing coverage of small firms). We also explore how test power depends on which trades are included and how transaction prices are weighted in calculating daily prices, and on how individual bond returns are weighted in calculating firm returns. As an example of the power improvement our suggestions yield, the likelihood of detecting a fifteen basis point event impacting 300 firms using the t-test rises from approximately 24% for the best current state-of-the art procedure to 84% following our suggested procedures
    Note: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 10, 2013 erstellt
    Language: English
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  • 8
    UID:
    (DE-627)1790587689
    Format: 1 Online-Ressource (31 p)
    Content: The impact of the U.S. Employment Report and analyst forecasts of that report's major statistics on Pound/Dollar, Yen/Dollar, and Euro/Dollar exchange rates are explored. While the nonfarm payroll employment figure has the greatest impact, we find that the exchange rates also react to the announced revision to last month's payroll figure and to the unemployment rate. In all three markets, the exchange rate response to the payroll employment figure is strongly conditioned on pre-release analyst uncertainty. The median analyst forecast from Bloomberg anticipates over 80% of the monthly variation in the payroll figure and is basically unbiased. The markets appear to respond to these analyst forecasts prior to the government release. Analyst forecast dispersion tends to increase following large forecast errors indicating that when the announced figure is far from what analysts expected, they tend to disagree on the implications for future payroll levels
    Note: In: Journal of International Money and Finance, Vol. 90, 2019 , Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 23, 2018 erstellt
    Language: English
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  • 9
    UID:
    (DE-627)1724110918
    ISSN: 0278-4319
    In: International journal of hospitality management, Amsterdam [u.a.] : Elsevier, 1982, 85(2020) vom: Feb., Seite 1-11, 0278-4319
    In: volume:85
    In: year:2020
    In: month:02
    In: pages:1-11
    Language: English
    Keywords: Aufsatz in Zeitschrift
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  • 10
    Online Resource
    Online Resource
    [Erlangen-Nürnberg] : Friedrich-Alexander-Universität Erlangen-Nürnberg, Lehrstuhl für VWL, insbes. Arbeitsmarkt- und Regionalpolitik
    UID:
    (DE-627)1693373467
    Format: 1 Online-Ressource (circa 34 Seiten) , Illustrationen
    Series Statement: Discussion papers / Friedrich-Alexander-Universität Erlangen-Nürnberg, Lehrstuhl für VWL, insbes. Arbeitsmarkt- und Regionalpolitik no. 112
    Content: Using representative linked employer-employee data for Germany, this paper analyzes short- and long-run differences in labor market performance of workers joining start-ups instead of incumbent firms. Applying entropy balancing and following individuals over ten years, we find huge and long-lasting drawbacks from entering a start-up in terms of wages, yearly income, and (un)employment. These disadvantages hold for all groups of workers and types of start-ups analyzed. Although our analysis of different subsequent career paths highlights important heterogeneities, it does not reveal any strategy through which workers joining start-ups can catch up with the income of similar workers entering incumbent firms.
    Content: Mit verbundenen Arbeitgeber-Arbeitnehmer-Daten für Deutschland analysiert diese Studie kurz- und langfristige Unterschiede im Arbeitsmarkterfolg von Arbeitnehmern, die in neu gegründete statt bestehende Betriebe eintreten. Wir verwenden Entropy Balancing und folgen den Individuen in der Beobachtungs- und Kontrollgruppe über zehn Jahre. Dabei finden wir große und langanhaltende Nachteile eines Eintritts in Gründungen bezüglich Lohn, Jahresarbeitseinkommen, Beschäftigung und Arbeitslosigkeit. Diese Nachteile treffen auf alle betrachteten Arbeitnehmergruppen und Gründungstypen zu. Obwohl wir bei Betrachtung unterschiedlicher Karrierepfade einige wichtige Heterogenitäten identifizieren, zeigt sich keine Strategie, durch die in Gründungen eingetretene Arbeitnehmer zum Einkommen ähnlicher Arbeitnehmer aufschließen können, die in bestehende Unternehmen eintraten.
    Language: English
    Keywords: Graue Literatur
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