Publication records
Subject(s)
Strategy and general management
Keyword(s)
partnership, innovation, manufacturing strategy
Secondary Title
Strategic marketing: Creating competitive advantage
Pages
535–556
Subject(s)
Economics, politics and business environment
Keyword(s)
Antitrust law, horizontal anticompetitive practices, quantification of damages
JEL Code(s)
L12, L41, K21, K41, C10
This paper argues that empirical economic analysis in court proceedings is subject to important economic and legal restrictions, cumulating in a fundamental trade-off between accuracy and practicality. We draw lessons from two influential German court cases - the paper wholesaler cartel decision of 2007 and the cement cartel decision of 2009. We characterise the trade-offs arguing that they need to be well understood, made transparent, and that decisions on how to proceed in light of these trade-offs have to be taken upfront by the court. In this respect, we believe that the three-step procedure (design, application, and robustness checks) followed by the German court in the cement case is well suited to meet the appropriate legal standard and requirements, both with respect to accuracy and practicality.
View all ESMT Working Papers in the ESMT Working Paper Series here. ESMT Working Papers are also available via SSRN, RePEc, EconStor, and the German National Library (DNB).
Pages
26
ISSN (Print)
1866–3494
Subject(s)
Marketing
Keyword(s)
B2B, capital goods, emerging markets, competitive strategy, low-frills
Volume
6
Journal Pages
77–81
Subject(s)
Management sciences, decision sciences and quantitative methods
Keyword(s)
social participation, European Social Survey, social capital, informal participation, formal participation, trust
Volume
100
Journal Pages
331–350
Subject(s)
Strategy and general management
Keyword(s)
corporate responsibility, Triple Bottom Line, stakeholder
Secondary Title
Corporate Responsibility 2010: Nachhaltiges Wirtschaften – Verantwortung und Chance für Unternehmen
Pages
46–51
ISBN
978–3–89981–692–1
Subject(s)
Strategy and general management
Keyword(s)
career, career development, leadership
Volume
10
Subject(s)
Strategy and general management
Keyword(s)
executive coaching, leadership, leadership development
Volume
1/2
ISSN (Print)
1727-4192
Subject(s)
Economics, politics and business environment
Keyword(s)
regulation, competition, telecommunication, broadband, strategic investment, margin squeeze, risk-sharing
JEL Code(s)
L51, L96, L10, K23
The telecommunication industry is currently in the midst of a disruptive technological development. Next generation (fibre) networks (NGN) increase transmission data speeds from the current 16Mbit/s to more than 100Mbit/s. This enables new services such as HDTV, interactive gaming or video on demand. While the technology exists today, the timing and extent of actual investments depend on the access regulation for non-investors. This paper explores how different regulatory access regimes affect investments and social welfare. We find that the existing access regulation, where the investor bears the investment risk alone, induces too little investments to the detriment of consumers. In contrast, access regimes that distribute the investment risk among more or all telecoms firms stimulate investments and increase consumer surplus. The paper also explores how different forms of risk-sharing, in terms of participating firms and cost allocations, affect social welfare. The (simulation) results presented in this paper build on a game theoretical model.
Pages
130
ISSN (Print)
1866–4016
Subject(s)
Strategy and general management
Keyword(s)
leadership, effectiveness, Ukraine, Russia
Volume
7
Journal Pages
24–28
