Mergers and Efficiency: Theory, Empirical Evidence, and Competition Policy in Japan

2013 ◽  
Author(s):  
Hiroyuki Odagiri
Keyword(s):  
Empirical Evidence ◽  
Competition Policy ◽  
Efficiency Theory

scholarly journals Merchant Benefits and Public Policy towards Interchange: An Economic Assessment

2005 ◽  
Vol 4 (4) ◽  
Author(s):  
Margaret E. Guerin-Calvert ◽  
Janusz A. Ordover
Keyword(s):  
Public Policy ◽  
Empirical Evidence ◽  
Competition Policy ◽  
Economic Assessment ◽  
Complex Nature ◽  
Fixed Costs ◽  
Interchange Fees ◽  
Antitrust Laws ◽  
Payments Systems

We analyze the complex nature of interactions among participants in "two-sided" payments system markets, examine empirical evidence on benefits, especially merchant benefits, and re-assess the role of interchange in balancing interests and allocating costs between merchants and consumers. We conclude there are substantial potential harms to payments systems, consumers, and merchants from imposing cost-based regulation of interchange fees, particularly with network fixed costs. Competition policy, in our view, is the best prescription – through government intervention under the antitrust laws or private challenges to exclusionary strategies that hamper competition to the detriment of cardholders, merchants, and competing networks.

scholarly journals Competition in Japan

2004 ◽  
Vol 18 (1) ◽  
pp. 27-50 ◽  
Author(s):  
Michael E Porter ◽  
Mariko Sakakibara
Keyword(s):  
Empirical Evidence ◽  
Competition Policy ◽  
Industrial Structure ◽  
Economic Recovery ◽  
Economic Prosperity ◽  
Internal Competition

This article examines competition in Japan and its link to postwar economic prosperity. While Japan's industrial structure and competition policy seem to indicate that competition in Japan has been less intense, the empirical evidence does not support this conclusion. The sectors in which competition was restricted prove to be those where Japan was not internationally successful. In the internationally successful sectors, internal competition in Japan was invariably fierce. While the level of competition in Japan is currently rising, economic recovery is still hindered by distortions in the competition in many industries.

Challenges to the social motivation theory of autism: The dangers of counteracting an imprecise theory with even more imprecision

2019 ◽  
Vol 42 ◽  
Author(s):  
Mirko Uljarević ◽  
Giacomo Vivanti ◽  
Susan R. Leekam ◽  
Antonio Y. Hardan
Keyword(s):  
Empirical Evidence ◽  
Social Motivation ◽  
Motivation Theory ◽  
The Social

Abstract The arguments offered by Jaswal & Akhtar to counter the social motivation theory (SMT) do not appear to be directly related to the SMT tenets and predictions, seem to not be empirically testable, and are inconsistent with empirical evidence. To evaluate the merits and shortcomings of the SMT and identify scientifically testable alternatives, advances are needed on the conceptualization and operationalization of social motivation across diagnostic boundaries.

Integrating perspectives: How the development of second-personal competence lays the foundation for a second-personal morality

2020 ◽  
Vol 43 ◽  
Author(s):  
John Corbit ◽  
Chris Moore
Keyword(s):  
Empirical Evidence ◽  
Developmental Process ◽  
Focal Point ◽  
Personal Information ◽  
Personal Competence ◽  
Triadic Interactions ◽  
Personal Morality ◽  
Integrative Process

Abstract The integration of first-, second-, and third-personal information within joint intentional collaboration provides the foundation for broad-based second-personal morality. We offer two additions to this framework: a description of the developmental process through which second-personal competence emerges from early triadic interactions, and empirical evidence that collaboration with a concrete goal may provide an essential focal point for this integrative process.

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