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Mercedes-Benz of Arrowhead Carries the Latest 2024 Mercedes-Benz Sprinter Passenger Van in Its Inventory

Retrieved on:

Tuesday, April 23, 2024

Bell Road (Phoenix Metro), Multimedia, Engineering, Mercedes-Benz, Mercedes-Benz Sprinter, Sprinter

PEORIA, Ariz., April 23, 2024 /PRNewswire-PRWeb/ -- In the heart of Peoria, Arizona, lies a dealership for automotive enthusiasts seeking luxury and functionality. Mercedes-Benz of Arrowhead proudly introduces the latest addition to its lineup: the 2024 Mercedes-Benz Sprinter Passenger Van. This engineering marvel combines unparalleled design with unmatched capability, offering a joyful driving experience.

Key Points:

Drivers near Peoria, Arizona, who want the latest 2024 Mercedes-Benz Sprinter passenger vans can purchase them at the Mercedes-Benz of Arrowhead dealership.
Mercedes-Benz of Arrowhead proudly introduces the latest addition to its lineup: the 2024 Mercedes-Benz Sprinter Passenger Van .
The 2024 Mercedes-Benz Sprinter Passenger Van has the latest automotive technology to ensure a smooth and effortless driving experience.
Customers can access the Mercedes-Benz of Arrowhead website to learn about the latest Sprinter Passenger Van, new offers, and vehicle services available at the dealership.

A new measure of firm-level competition: an application to euro area banks

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Thursday, April 18, 2024

Glass, RPD, Journal of Economic Perspectives, Goldberg, Employment, Lead, Competition, SCP, Research Papers in Economics, TCF, Intuition, Laboratory, Euromoney, Bank of Canada, Calendar, International political economy, Manufacturing, Oxford Economic Papers, Harvard University Press, Paper, Linearity, R2, Environment, Delicatessen, System, Website, Panzar, Working paper, World Bank, Elzinga, Friends, Madiga, CPB, Investment, Lerner index, Statistics, Croatian National Bank, PDF, Elsevier, ECB, Industrial organization, Policy, Social science, JEL, Operations research, Internet, Journal, Research, Literature, European Central Bank, Journal of Economic Surveys, MRP, Commercial, Section 5, Financial intermediary, Ministry of Social Affairs, Elasticity, National bank, Government, Developed country, Cell, Tarazi, Wealth, Publishing, Springer Nature, Prudential, Marketing, Law, The Economic Journal, Lerner, L16, Business economics, OECD, International Monetary Fund, Section 4, Database, Section 3, Krieger, EMU, Section 2, Pressure, Central bank, Economics Letters, Bank, Jorgenson, Character, Sparkassen-Finanzgruppe, Life, EDS, American Economic Review, K2, Appendix, Applied economics, CEE, Palgrave Macmillan, Livret A, Bell Labs, GDP, Part, Country, Public policy, De Economist, Management, Publication, Motivation, Cooperative, Reproduction, IMF, Edward Elgar Publishing, Housing, Handbook, G21, Real estate

Abstract

Key Points:

Abstract
This paper extends Boone (2008) by introducing a competition measure at the individual
firm level rather than for an entire market segment.
We apply this extended Boone indicator to individual bank-level competition
in the loan market in the four largest euro area countries and Austria.
Our new measure of firm-level competition enriches and complements
other competition measures and provides a promising starting point for future market
power analyses.
The only measure among non-structural measures that is based on the
concept of competition as a process of rivalry is the Boone (2008) indicator.
We introduce
a new performance measure of competition by extending the Boone indicator to the
individual firm level.
Introduction
The ability to reliably measure competition is valuable to researchers, analysts, and
policymakers, especially antitrust authorities, financial supervisors, and central banks.
One broad
category of indicators often used to measure competition are structural competition
measures, such as static concentration measures, and dynamic measures, e.g., entry and
exit rates.
Out of these measures, the only measure based on the
concept of competition as a process of rivalry is the Boone indicator.
This study introduces a new performance measure of competition by extending the
Boone indicator to the individual firm level.
It thus measures the
increase in profits in percent of one percentage point increase in efficiency, with marginal
costs as measure of efficiency.
We extend the theoretical
underpinning of the measurement of competition for the entire market of Boone (2008) by
a new measure of individual firm-level competition.
A concern of the literature is the gap
between the practical application and the theoretical framework of Boone (2008).
We introduce within the same theoretical
framework a new measure of competition on firm level, the MRP.
Our new
measure significantly augments the antitrust evaluative framework by shedding light on
whether a merger results in a less competitive market.
Our novel indicator focuses on
firms? incentives to enhance their relative efficiency, as manifested in the elasticity
between relative profits and efficiency.
However, an inefficient firm that is foreclosed could be more
competitive than the larger efficient firm that relies on its scale economies.
Our new metric of competition unveils
banks? ability to influence their profitability in the short term by cutting costs relative to
their peers.
The new MRP indicator provides the ability to assess the impact
of individual banks? competitiveness on their interest rate-setting behaviour in loan
markets.
Incorporating this information promises a more refined understanding of the impact and
timing of monetary policy rates changes on the real economy.
Section 3 introduces within the Boone
(2008) theoretical framework our new measure of individual firm-level competition,
including the interpretation of the MRP.
Section 4 provides an application of our new
ECB Working Paper Series No 2925
6

individual firm-level competition measure to the loan market.
The StructureConduct-Performance paradigm (SCP) provides a traditional framework in the field of
industrial organization for analysing competition behaviour in markets.
Concentrated
markets ease the possibilities to collude implicitly or explicitly and therefore concentrated
markets result in higher prices and profits.
For example, a tougher competition
setup may lead to a reallocation of market shares, potentially forcing some firms to exit
the market.
This approach gives firms? strategic behaviour
central stage and focuses on the strategic interaction on prices and quantities, known as
conjectural variation.
Another measure from
this strand of literature is the H-statistic developed by Panzar and Rosse (1987).
The only competition measure from this performance literature where competition is the
outcome from a process of rivalry is the Boone indicator.
A continuous and monotonically increasing relationship exists between
RPD and the level of competition if firms are ranked by decreasing efficiency.
(2013) compare the Boone indicator with the price-cost margin
and conclude that the profit elasticity is a more reliable measure of competition.
The high
elasticity of profits to efficiency unequivocally indicates that the high market shares and
therefore high profits are due to high efficiency.
A firm that quickly passes changes to the input prices is seen as a price
taker with little market power.
Indicators of competition tend to measure different phenomenon and may provide
conflicting messages, as reported for European banking by Carbo et al.
Application 2: Test the ?quiet life? and related market structure hypotheses using the
MRP as competition or market structure measure.
Data
Our application to individual bank-level competition in the euro area loan market uses
balance sheet and income statement data from the Moody?s Analytics BankFocus for the
calendar years 2013-2020.
As such, most publications
on competition in the euro area includes the largest four member states.
Due to these restrictions the database was reduced to an unbalanced panel of up to 1862
banks (depending on the year) from five euro area countries.
Application 1: Measure bank competition using MRP
Looking at the distribution of the MRP for individual banks (Fig.
A similar finding for the four largest euro area countries as a group is
reported in Carbo et al.
Application 2: Test of market structure hypotheses using MRP
Our new measure of individual-bank competition can be used to test market structure
theories.
Euro area banks? market power,
lending channel and stability: the effects of negative policy rates, European Central Bank
Working Paper, 2790 (February).
A
new approach to measuring competition in the loan markets of the euro area, Applied
Economics, 43 (23), 3155?3167.
Impact of bank competition on the interest rate pass-through in the euro area, Applied
Economics, 45 (11), 1359?1380.

JJ Watt Three-Time NFL Defensive Player of the Year & Walter Payton NFL Man of the Year Headlines 2024 U.S. Venture Open

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Tuesday, April 9, 2024

Badger, Season, Organization, J. J. Watt, Basic needs, Houston Texans, University, Watt, Poverty, Arizona Cardinals, Community engagement, Heart, Jan Vansina, Golf, NFL, Hurricane Harvey

The funds raised at the annual event, to be held on Wednesday, August 14, 2024, aim to end poverty in Northeast Wisconsin.

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The funds raised at the annual event, to be held on Wednesday, August 14, 2024, aim to end poverty in Northeast Wisconsin.
JJ Watt has achieved numerous accolades and established himself as one of the NFL’s greatest defensive players of all time.
U.S. Venture is excited to partner with Watt because of his enormous philanthropy efforts following Hurricane Harvey and the JJ Watt Foundation.
“I am honored to be part of the U.S. Venture Open this year,” said JJ Watt.

Arhaus Presents Outdoor 2024 Collection

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Monday, March 18, 2024

Umbrella, Element, DALA, Inside Out Music, Rotation, ARHS, Relaxation, Beauty, Wind, Life, Collection, Coffee, Primrose, Bal Harbour, Florida, DEDON, Hand, Table, Weather, Furniture

BOSTON HEIGHTS, Ohio, March 18, 2024 (GLOBE NEWSWIRE) -- Arhaus (NASDAQ: ARHS), a leader in artisan-crafted and responsibly sourced home furnishings, reveals its Outdoor 2024 Collection, ‘Echoes.’ Showcasing new silhouettes in striking all-weather materials and durable performance fabrics, ‘Echoes’ encourages the creation of new memories in everlasting style, while reflecting upon the unforgettable moments that make outdoor living cherishable. The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.

Key Points:

The complete Outdoor 2024 Collection is now available online at Arhaus.com and in more than 90 Arhaus showrooms nationwide.
We hope this Outdoor Collection inspires your most relaxing days ahead.”
Fusing stylish living with resilient relaxation, ‘Echoes’ presents an array of outdoor introductions with alluring silhouettes, distinctive detailing, and eco-friendly InsideOut Performance Fabric® upholstery for unmatched inspiration.
Arhaus also brings bold prints and handwoven designs to life within this season’s new outdoor seating offerings, including the DALA collection created by the incredible artisans at DEDON, the pioneering outdoor furniture and fiber production company.
Additional Arhaus outdoor introductions and expanded collections include:
Adirondack Outdoor Lounge Chair : A modern take on a classic look, the Adirondack Collection celebrates craftsmanship and the beauty of natural solid teak wood.

What Is Full-Spectrum Fish Oil? Arctic Blue's Owner Explains

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Friday, March 29, 2024

Health, Arctic Circle, Dicarboxylic acid, DHA, Cod, Fats, EPA, Nature, Arctic Blue, Barents Sea, Van der Wiel

FORT LAUDERDALE, Fla., March 29, 2024 /PRNewswire/ -- Arctic Blue's fish oil supplements are sourced from fish oil harvested from some of the cleanest water in the world. Its cod are caught in the Barents Sea and their oil is sustainably sourced from fillet trimmings, often processed right on the boat moments after catching the fish themselves. This leads to a unique fish oil with low oxidation values and, consequentially, a clean, soft taste and no fishy burps after consumption.

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This leads to a unique fish oil with low oxidation values and, consequentially, a clean, soft taste and no fishy burps after consumption.
Arctic Blue has perfected the concept of harvesting fish oil.
"The full-spectrum nature of our fish oil is unique to Norwegian wild cod," Van de Wiel explains.
Even when it comes to the fish oil staple, Omega-3, arctic cod is special.

Mercedes-Benz of Arrowhead Adds the Latest 2024 Mercedes-Benz Sprinter Cargo Vans to Its Inventory

Retrieved on:

Tuesday, March 26, 2024

Bell Road (Phoenix Metro), Professional, Mercedes-Benz, Multimedia, Mercedes-Benz Sprinter, Environment, Car dealership

PEORIA, Ariz., March 26, 2024 /PRNewswire-PRWeb/ -- Mercedes-Benz of Arrowhead is happy to inform readers about the arrival of the highly anticipated 2024 Mercedes-Benz Sprinter Cargo Van, setting new benchmarks in performance, design and versatility for businesses in Peoria and surrounding areas.

Key Points:

Businesses near Peoria, Arizona that want the latest 2024 Mercedes-Benz Sprinter Cargo Vans can purchase them at the Mercedes-Benz of Arrowhead dealership.
The 2024 Mercedes-Benz Sprinter Cargo Van exemplifies a blend of cutting-edge design and practical functionality.
Equipped with modern technology and robust engines, the 2024 Sprinter Cargo Van delivers exceptional performance and efficiency in any environment.
Customers can access the Mercedes-Benz of Arrowhead website to learn about the latest Mercedes-Benz Sprinter Cargo Van, new offers and modern services available at the dealership.

Decker Truck Line Expands Efforts to Improve the On Road Professional Truck Driver Experience

Retrieved on:

Tuesday, March 12, 2024

Temperature, Verizon Communications, Job satisfaction, Communication, Education, Tablet, Decker, Life, Workforce, Mobile phone

SALT LAKE CITY, March 12, 2024 /PRNewswire-PRWeb/ -- EpicVue, providers of in-cab entertainment and communication systems packaged exclusively for the trucking industry, announced today that Decker Truck Line, Inc. is upgrading to EpicVue+. The trucking company will be implementing the entertainment, engagement, and educational platform across its fleet of 800 tractors.

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Decker Truck Line is also anticipating savings by using the EpicVue+ platform to exchange information in place of data plans on tablets.
Family-owned-and-operated since 1931, Decker Truck Line offers temperature controlled, dry van and flatbed freight services nationwide.
"EpicVue+ will allow Decker Truck Line to stay connected with their drivers and provide the comforts of connectivity and entertainment," said Lance Platt, CEO of EpicVue.
EpicVue+ is easily implemented with self-install or professional options for in-cab equipment designed to sustain the impact of life on the road.

Daughters of Zion's Homeless Food Truck Launches' War Against Hunger and Homelessness' in Shelby County, Tennessee

Retrieved on:

Wednesday, February 14, 2024

Daughter, Restaurant, HuffPost, Poverty, Outreach, Food, Homelessness, Mercedes-Benz, City, Publication, Housing, Meal, Hunger, Grocery store

The renowned fighting poverty organization, Daughters of Zion, created the Homeless Food Truck with the purpose of curtailing hunger in their community by using the bait and switch method.

Key Points:

The renowned fighting poverty organization, Daughters of Zion, created the Homeless Food Truck with the purpose of curtailing hunger in their community by using the bait and switch method.
The original Daughters of Zion Homeless Food Truck is a Mercedes Benz Sprinter Van food truck with a commercially integrated kitchen that was once meant to serve food to the affluent clients of billionaire investor Marc Lore.
While currently operating throughout Shelby County, Tennessee, the Daughters of Zion Homeless Food Truck plans to expand across America to help provide no-cost meals to homeless children and adults in cities with the highest concentration of homeless individuals.
To help fight hunger and homelessness, please call the Daughters of Zion Homeless Food Truck helpline at 901-570-3220 or visit us at www.homelessfoodtruck.com

ClearD3 Implements Data- and AI-driven Pricing Strategy, Delivering Significant Gains for Van den Bosch

Retrieved on:

Thursday, February 8, 2024

ClearD3™, an innovator in data- and AI-driven pricing, announces the successful implementation of its quote pricing technology at Van den Bosch, a prominent family-owned intermodal transport company.

Key Points:

ClearD3™, an innovator in data- and AI-driven pricing, announces the successful implementation of its quote pricing technology at Van den Bosch, a prominent family-owned intermodal transport company.
Van den Bosch, with a rich legacy and a stronghold in bulk freight logistics, sought a solution to navigate the unprecedented volatility in capacity and prices post-Covid.
ClearD3™ implemented an automated external supply-chain data-driven pricing system for Van den Bosch.
"We are delighted with the outcomes of our collaboration with ClearD3," expressed Rico Daandels, CEO at Van den Bosch.

Saskatchewan Police Officers To Be Recognized For Their Work To Take Impaired Drivers Off The Roads

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Tuesday, November 14, 2023

RSVP, Saskatoon Police Service, Platinum, Calendar, MADD, Conference, Newsfirst Platinum Awards, Silver, Convention center, Film industry

SASKATOON, Saskatchewan, Nov. 14, 2023 (GLOBE NEWSWIRE) -- MADD Canada’s Van de Vorst Family Award will be presented to police officers from around the province on Wednesday, November 15 to recognize their outstanding work to take impaired drivers off roads and highways.

Key Points:

SASKATOON, Saskatchewan, Nov. 14, 2023 (GLOBE NEWSWIRE) -- MADD Canada’s Van de Vorst Family Award will be presented to police officers from around the province on Wednesday, November 15 to recognize their outstanding work to take impaired drivers off roads and highways.
The award is named in honour of Jordan and Chanda Van de Vorst and their young children, Kamryn and Miguire, who were all killed by an impaired driver in 2016.
Officers who have charged 17 or more impaired drivers will receive the Gold Coin Award and a certificate of recognition.
The Awards are adding a new category this year – the Platinum Award – to recognize officers who have removed 40 or more impaired drivers from the roads.