Now showing items 1-5 of 5
Antitrust penalties and the implications of empirical evidence on cartel overcharges
(2013-11) - Journal article
In this paper we provide a number of extensions to the theory of antitrust fines and we use these, with existing and new datasets, to contribute to a better understanding of the current fining policies of Competition ...
Penalizing cartels : the case for basing penalties on the price overcharge
(2015-09) - Journal article
In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a ...
University funding : impact on teaching and research
(2012-01-12) - Journal article
We address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose ...
Optimal substantive standards for competition authorities
(2016-09) - Journal article
Recent years have witnessed a significant resurgence in the debate concerning the optimal substantive standard to be used in the enforcement of competition law. One of the arguments proposed for using a Consumer Surplus ...
Keeping up with the Joneses : who loses out?
(2014-12) - Journal article
This paper investigates how well-being varies with individual wage rates when individuals care about relative consumption and so there are Veblen effects – Keeping up with the Joneses – leading individuals to over-work. ...