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The local labor market effects of new casinos are examined by comparing the employment and earnings growth in areas … with new casinos to the growth in areas with existing casinos and without casinos, exploiting numerous casino openings … and earnings of the local gambling industry within five years, while this growth does not appear to continue beyond this …
Persistent link: https://www.econbiz.de/10010719521
Persistent link: https://www.econbiz.de/10005731720
We propose a spatial competition model to study banks’ strategic responses to the asymmetric Spanish geographic deregulation process. We find that once the geographic deregulation process finishes, inter-regional mergers between savings banks are optimal whenever the economies of scale...
Persistent link: https://www.econbiz.de/10009355559
Unter dem Stichwort „Netzneutralität“ wird in Öffentlichkeit und Politik zur Zeit intensiv diskutiert, welchen Anforderungen die Datenübertragung in Telekommunikationsnetzen künftig genügen muss. Dabei stellt sich die Frage, ob Daten priorisiert werden dürfen und wenn ja, in welchem...
Persistent link: https://www.econbiz.de/10009678898
the context of TPA regulation. We then show that this setting compels the leader to adopt a strategic storage decision … leader decision is part of a strategy to raise a rival's costs. Furthermore, one can think that optimal regulation of the …
Persistent link: https://www.econbiz.de/10010729334
begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its … commitment powers are limited. The chapter then analyzes the design of practical policies, such as price cap regulation, that are …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter …
Persistent link: https://www.econbiz.de/10014024589
This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008468563
In many markets governments set minimum quality standards while some sellers choose to compete on the basis of quality by exceeding them. Such ‘high-quality’ strategies often win public acclaim, especially when ‘environmental friendliness’ is the dimension along which firms are...
Persistent link: https://www.econbiz.de/10005656312
The house advantage for Baccarat is known, hence the theoretical win can be determined. What is impractical to …
Persistent link: https://www.econbiz.de/10010798276
Preface -- Abbreviations and Acronyms -- Gambling and Society: A Theoretical Revisiting of the Issue -- Macao and … Globalization: A Gambling Perspective -- The Return to Chinese Sovereignty: A Historical Turning Point -- Gambling Expansion and … Economic Growth -- Gambling Expansion and Social Change -- Gambling Expansion and Political Development -- National …
Persistent link: https://www.econbiz.de/10014017200