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Entry and Regulation - Evidence from Health Care Professions

Schaumans, Catherine; Verboven, Frank - C.E.P.R. Discussion Papers - 2006

The health care professions in Europe have been subject to substantial entry and conduct regulation. Most notably … competition through geographic entry restrictions. We develop an entry model to study the direct impact of the regulations on the … representative for many other countries with geographic entry restrictions. We find that the entry decisions of pharmacies and …

Persistent link: https://www.econbiz.de/10005662356

Market Entry and Roll-out With Product Differentiation

Levine, Paul L; Rickman, Neil; Tzavara, Dionisia - C.E.P.R. Discussion Papers - 2002

market with horizontal product differentiation when choosing its level of roll-out. The endogenous extent of entry influences … downstream retail prices; Bertrand or local monopoly pricing or a mixed strategy equilibrium may emerge. Importantly, entry may …

Persistent link: https://www.econbiz.de/10005124418

Unbundling the incumbent: Evidence from UK broadband

Nardotto, Mattia; Valletti, Tommaso; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

effect on broadband penetration, compared to those areas where the loops are not unbundled. LLU entry instead has a strongly …

Persistent link: https://www.econbiz.de/10011083592

Competition vs. Regulation in Mobile Telecommunications

Stennek, Johan; Tangerås, Thomas P. - C.E.P.R. Discussion Papers - 2007

This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show that the monopolistic outcome prevails independently of market concentration when access prices are determined in bilateral negotiations. A light-handed regulatory policy can...

Persistent link: https://www.econbiz.de/10005661431

GM Food Crop Technology: Implications For Sub-Saharan Africa

Anderson, Kym; Jackson, Lee Ann - C.E.P.R. Discussion Papers - 2004

The first generation of genetically modified (GM) crop varieties sought to increase farmer profitability through cost reductions or higher yields. The next generation of GM food research is focusing also on breeding for attributes of interest to consumers, beginning with ‘golden rice’, which...

Persistent link: https://www.econbiz.de/10005136521

Prices vs. Quantities with Endogenous Cost Structure

Storrøsten, Halvor Briseid - CESifo - 2014

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and endogenous cost structure. I show that one cannot determine which regulatory...

Persistent link: https://www.econbiz.de/10010877871

Reference Pricing, Competition, and Pharmaceutical Expenditures: Theory and Evidence from a Natural Experiment

Brekke, Kurt R.; Holmås, Tor Helge; Straume, Odd Rune - CESifo - 2010

We study the impact of regulation on competition between brand-names and generics and pharmaceutical expenditures using a unique policy experiment in Norway, where reference pricing (RP) replaced price cap regulation in 2003 for a sub-sample of off-patent products. First, we construct a vertical...

Persistent link: https://www.econbiz.de/10008799730

Identifying Industry Margins with Unobserved Price Constraints: Structural Estimation on Pharmaceuticals

Dubois, Pierre; Lasio, Laura - C.E.P.R. Discussion Papers - 2014

We provide a method allowing to identify margins in an oligopoly price competition game when prices may not be freely chosen in some markets, for example due to regulation. We use our identification strategy to study the effects of regulatory constraints in the pharmaceutical industry, which is...

Persistent link: https://www.econbiz.de/10011083879