health. The results support public choice theory of the nature of regulation and are inconsistent with the predictions of …What determines the enforcement of deregulation reform of business activities? What are the outcomes of deregulation … variation. 2) The enforcement of deregulation reform was better in regions with a transparent government, low corruption, better …

and quantity competition) and also optimal regulation. Accounting for the several effects of regulation on the unregulated …We study the regulation of a utility firm which is active in a competitive unregulated sector as well. If the firm … market, we show the existence of an informational externality, in that regulation provides useful information to the rival …

Many utility markets are now being opened to competition, and some regulators have expressed the hope that this will … make the regulation of consumer prices unnecessary. In this paper, entrants offer (differentiated) 'added value', but … level of its costs. This is likely to be the case in the UK's energy industries, but competition may be able to replace …

technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive … positive impact on the quality of the service provided. We also assess the impact of competition from an alternative form of …

television regulation in light of these developments. It surveys the dismal empirical record on the effects of price regulation … in cable and the more encouraging but incomplete evidence on the benefits of satellite and telco competition. It …

Starting in 1998, the electricity market in England and Wales will be opened up to full competition, and all consumers … transactions costs exceeding £100 million a year for the first five years. Relative to a counterfactual without competition, there …

that competition does not guarantee that exchanges choose welfare maximizing trading rules. In some cases, welfare is …