In recent years, electricity markets have been characterized by a growing share of fluctuating
renewable energies, which has increased concerns about the security of electricity supply …

This paper tests whether upstream R&D cooperation leads to downstream collusion. We
show that a sufficient condition for identifying collusive behavior is a decline in the market …

We address the dynamics of post-merger risks for a firm acquiring an information technology
(IT) company over a long-term horizon, and examine the impact of mergers and acquisitions …

In this study, we examine the connectedness of exchange rate uncertainty and inflation. In
an economy with a flexible exchange rate, price rigidities can lead importers to carry …

This paper proposes an explanation as to why some mergers fail, based on the interaction
between the pre‐and post‐merger processes. We argue that failure may stem from …

This paper studies the implications of upstream and/or downstream horizontal mergers on
suppliers, retailers and consumers, in a bilateral oligopolistic system. We especially focus on …

This article analyzes the effect of risk and risk-aversion on the long-term equilibrium
technology mix in an electricity market. It develops a model where firms can invest in …

This study analyses the cost-efficiency of Nigerian banks pre and post the consolidation
period. The researchers account for bank heterogeneity using the Bayesian random frontier …

The Nigerian banking consolidation process is examined using a dynamic panel for the
period 2000–2010. The Arellano and Bond dynamic general method of moment approach is …

Deep decarbonisation requires large-scale irreversible investments throughout the next
decade. Policymakers propose Carbon Contracts for Differences (CCfDs) to incentivise such …