Article
Economics
Volker Nocke, Michael D. Whinston
Summary: This study finds both theoretical and empirical basis for focusing solely on the change in concentration, and ignoring its level, in screening mergers for whether their unilateral price effects will harm consumers. The current threshold levels are likely too lax, unless there are significant efficiency gains or factors like entry and product repositioning to constrain market power postmerger.
AMERICAN ECONOMIC REVIEW
(2022)
Article
Economics
Francesco Decarolis, Gabriele Rovigatti
Summary: This study examines the impact of intermediary concentration on revenue allocation in online platforms, finding that an increase in intermediary concentration leads to a decrease in platform revenue.
AMERICAN ECONOMIC REVIEW
(2021)
Article
Business
Maria Jose Murcia
Summary: This study integrates organizational hypocrisy with the knowledge-based view literatures to examine how different forms of CSR engagement affect the rate of new product introductions (NPI). Results suggest that the mechanisms by which progressive and rational CSR are associated to increases in the rate of NPI differ.
JOURNAL OF BUSINESS ETHICS
(2021)
Article
Business, Finance
Hong Qiu, Nan Zhu, Qiyuan Peng
Summary: The note models two merger cases where follower firms' strategic positions change after the merger, resulting in the creation of new leaders. The model shows that these leader-generating bilateral mergers are always profitable in the post-merger market. While free-riding is an issue in the first case, it does not exist in the second case, with impacts on consumer surplus varying between the two cases of mergers.
FINANCE RESEARCH LETTERS
(2021)
Article
Economics
Sunita M. Desai, Prianca Padmanabhan, Alan Z. Chen, Ashley Lewis, Sherry A. Glied
Summary: This study examines the effects of changes in market concentration on hospital-level inpatient Medicaid volumes using comprehensive discharge data from New York State. The findings show that an increase in market concentration leads to a decrease in the number of Medicaid admissions for hospitals, particularly for birth admissions. The decrease is mainly due to the redistribution of Medicaid patients across hospitals, rather than an overall reduction in hospitalizations for Medicaid patients. Additionally, the study finds that physicians serving a high proportion of Medicaid beneficiaries experience reduced admissions as concentration increases, which may be related to their preferences or hospitals' admitting privileges.
JOURNAL OF HEALTH ECONOMICS
(2023)
Article
Engineering, Industrial
Jingbin Wang, Xinyan Yao, Xuechang Zhu
Summary: This study investigates the simultaneous effects between inventory leanness and product innovation, with the moderating role of market concentration. The findings suggest that inventory leanness positively impacts product innovation, while product innovation negatively affects inventory leanness. Furthermore, different types of inventory leanness have varying effects on product innovation. The study also highlights the importance of market concentration as a moderator of this relationship.
JOURNAL OF MANUFACTURING TECHNOLOGY MANAGEMENT
(2023)
Article
Multidisciplinary Sciences
Yalan Shen, Mengqi Yang, Hongyu An, Kailun Li
Summary: This study explores the potential connections between Chinese industrial policy and Chinese firms' cross-border mergers and acquisitions from 2009 to 2019. The findings suggest that industrial policy plays a significant role in promoting cross-border M&A by easing financial restrictions, improving access to capital, and enhancing the political relevance of state-owned enterprises.
SCIENTIFIC REPORTS
(2023)
Article
Biotechnology & Applied Microbiology
Sakib Rahman, Olof Lindahl, Chantal M. Morel, Aidan Hollis
Summary: The average sales of new antibiotics during their first 8 years on the market are inadequate to cover costs of supplying the products, with a striking reliance on the US market accounting for 84% of sales. Additional revenues, especially from other countries, are needed to support incentives for the development of new antibiotics, with market entry rewards potentially being of particular value.
JOURNAL OF ANTIBIOTICS
(2021)
Article
Economics
Katalin Erdos, Roland Baczur, Daniel Kehl, Richard Farkas
Summary: This paper provides empirical evidence on the post-merger price effect in the gasoline retail market and finds that mark-ups increase significantly after the takeover contract comes into force. Additionally, there is an additional price increase when the acquired stations offer the same services as the acquiring firm, even though the implementation may take a year.
Article
Business
Zhao Zhou, Robert M. Verburg
Summary: This study investigates the impact of product features on market orientation in technology-based startups and finds a positive relationship between the protect-ability and scalability of products and market orientation. Furthermore, the entrepreneurial experience of founders interacts positively with these product features in driving market orientation strategies.
JOURNAL OF BUSINESS RESEARCH
(2023)
Article
Business
Smita Srivastava, Arvin Sahaym, Thomas H. Allison
Summary: The study shows that CEO attention to R&D, customers, and competitors positively influences the rate of new product introduction, while attention to organization negatively impacts it. Additionally, CEO alertness has a positive impact on the rate of new product introduction, but high alertness can have a negative effect on the rate.
JOURNAL OF BUSINESS VENTURING
(2021)
Article
Management
Haike Qiao, Qin Su
Summary: This study examines the optimal pricing and quality of new and remanufactured products, focusing on the quality adjustment by the original equipment manufacturer (OEM) in a new market segment consisting of indifferent and new product only segments. Game models and backward induction are used to derive optimal pricing and quality in scenarios with monopolist OEM no-remanufacturing, monopolist OEM remanufacturing, and OEM no-remanufacturing but independent remanufacturer (IR) remanufacturing. It is found that the OEM cannot lower product quality when remanufacturing, and that the OEM may need to increase product quality in segmented markets under certain conditions.
INTERNATIONAL TRANSACTIONS IN OPERATIONAL RESEARCH
(2021)
Article
Business
Seongsoo Jang, Max von Zedtwitz
Summary: This study investigates the effectiveness of openness during different stages of the innovation process in new product development (NPD). The results show that early open NPD strategies outperform late open strategies and that the positive effect of open strategies is stronger when technological capability is high. However, it is weaker when marketing capability is high and when projects are complex. This study contributes to the literature by proposing a typology of NPD strategies and highlighting the importance of early openness for new product success.
INDUSTRIAL MARKETING MANAGEMENT
(2023)
Article
Economics
Jungmin Yoo, Sooin Kim
Summary: The study investigates the impact of IFRS adoption on firms' strategic voluntary disclosure decisions in different product market conditions. Firms strategically decide the level of voluntary disclosures based on the benefits and costs involved. The adoption of IFRS affects the demand for complementary information in the financial market, which influences firms' intention to withhold corporate information. Using Korean firms as a sample, the study finds that the likelihood of withholding management forecasts is weaker in concentrated industries after IFRS adoption. This is because there is a greater demand for corporate disclosures in concentrated industries post-IFRS adoption.
Article
Business, Finance
Mosab Hammoudeh, Amrita Nain, Yiming Qian
Summary: Divestitures are more effective in mitigating the market power impact of mergers when assets are divested to buyers outside the industry. They are also more effective as merger remedies when the merging industry is concentrated and when powerful customers are absent. Stock price reactions suggest that firms prioritize maintaining competitive edge over gaining market power relative to customers.
JOURNAL OF CORPORATE FINANCE
(2022)
Article
Management
Haimanti Bhattacharya, Subhasish Dugar
MANAGEMENT SCIENCE
(2014)
Article
Economics
Haimanti Bhattacharya, Subhasish Dugar
Summary: This study examines the impacts of norm-based interventions in enhancing honesty in a decentralized marketplace. Through a field experiment in the fish markets of Kolkata, India, the researchers found that sellers behaved more honestly when adhering to a superstitious business norm, compared to a norm-nudge based on moral suasion.
EUROPEAN ECONOMIC REVIEW
(2022)
Article
Economics
Haimanti Bhattacharya, Subhasish Dugar
Summary: We conducted a field experiment to examine the effects of two price negotiation tactics on buyers' bargaining payoffs in a face-to-face haggling marketplace. The results showed that mentioning one's inability to pay the quoted price led to higher bargaining success and price discounts, resulting in higher buyer payoffs. Asking for a discount without providing a reason also yielded better bargaining outcomes for buyers compared to underestimating the opponent's product.
JOURNAL OF ECONOMIC PSYCHOLOGY
(2023)
Article
Economics
Haimanti Bhattacharya, Subhasish Dugar
INTERNATIONAL ECONOMIC REVIEW
(2020)
Article
Environmental Studies
Haimanti Bhattacharya
JOURNAL OF ENVIRONMENTAL ECONOMICS AND POLICY
(2020)
Article
Development Studies
Subhasish Dugar, Haimanti Bhattacharya
JOURNAL OF SOUTH ASIAN DEVELOPMENT
(2019)
Article
Green & Sustainable Science & Technology
Haimanti Bhattacharya
INTERNATIONAL JOURNAL OF SUSTAINABILITY IN HIGHER EDUCATION
(2019)
Article
Social Sciences, Interdisciplinary
Sharon L. Talboys, Manmeet Kaur, James VanDerslice, Lisa H. Gren, Haimanti Bhattacharya, Stephen C. Alder
Article
Economics
Subhasish Dugar, Haimanti Bhattacharya
JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS
(2017)
Article
Social Sciences, Interdisciplinary
Tamara Stephens, Akiko Kamimura, Niwako Yamawaki, Haimanti Bhattacharya, Wenjing Mo, Ryan Birkholz, Angie Makomenaw, Lenora M. Olson
Article
Social Sciences, Interdisciplinary
Haimanti Bhattacharya
SOCIAL SCIENCE JOURNAL
(2016)
Article
Psychology, Clinical
Akiko Kamimura, Ha Ngoc Trinh, Hanh Nguyen, Niwako Yamawaki, Haimanti Bhattacharya, Wenjing Mo, Ryan Birkholz, Angie Makomenaw, Lenora M. Olson
JOURNAL OF SEX RESEARCH
(2016)
Article
Economics
Haimanti Bhattacharya
FEMINIST ECONOMICS
(2015)
Article
Economics
Haimanti Bhattacharya, Subhasish Dugar
SOUTHERN ECONOMIC JOURNAL
(2013)