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We formulate and estimate a structural model for travel demand, in which users have heterogeneous preferences and make their transport decisions considering the network congestion. A key component in the model is that users have incomplete information about the preferences of other users in the...
Persistent link: https://www.econbiz.de/10009493565
This paper provides the first quantitative economic models of pharmacy benefit management regulation. The price … "rebate traps." Applicable types of regulation include rebate rules, such as the HHS rebate rule and the Insulin Act …
Persistent link: https://www.econbiz.de/10014247918
This paper investigates various options for the organization of the railway industry when network operators require the access to multiple national networks to provide international (freight or passenger) transport services. The EU rail system provides a framework for our analysis....
Persistent link: https://www.econbiz.de/10009207524
With the aim to improve efficiency and value for money, in addition to tendered services the European Commission approach to rail organisation allows substantial open access rail services in both passenger and freight operations. This paper investigates, from a transaction cost perspective,...
Persistent link: https://www.econbiz.de/10011115812
Der straßengebundene öffentliche Personennahverkehr wurde bislang von Liberalisierungsbestrebungen ausgenommen. Im Personenbeförderungsgesetz sind objektive Marktzugangsbeschränkungen verankert, die lediglich im Fernverkehr, nicht aber im Nahverkehr abgebaut werden sollen. Der Autor...
Persistent link: https://www.econbiz.de/10009620391
part summarises the main outcomes of regulatory reform. The data on regulation and market structure are taken primarily … from the OECD International Regulation Database. The main findings of the analysis are the following: Both industries are …
Persistent link: https://www.econbiz.de/10012446012
part summarises the main outcomes of regulatory reform. The data on regulation and market structure are taken primarily … from the OECD International Regulation Database. The main findings of the analysis are the following: <UL …
Persistent link: https://www.econbiz.de/10005045638
This paper uses qualitative and comparative analysis to reveal two important findings. First, in France, if the aim of reform announced by the Minister is to re-build the SNCF's monopoly, our fear is that, instead of stimulating French railways, this will cause a downward slide in the sector by...
Persistent link: https://www.econbiz.de/10011115842
This chapter provides a comprehensive overview of the theoretical and empirical literature on the regulation of natural … institutions, price regulation with full information, price regulation with imperfect and asymmetric information, and topics on the … measurement of the effects of price and entry regulation in practice. The chapter also discusses the literature on network access …
Persistent link: https://www.econbiz.de/10014023494
This paper examines the regulation of technological innovation direction under uncertainty about potential harms. We …
Persistent link: https://www.econbiz.de/10014635704