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efficiency, taking into account the regulatory changes that have affected the European airline industry. We construct and …
Persistent link: https://www.econbiz.de/10005667136
process of competitive deregulation. We find that deregulation should induce more price competition. In turn, this will affect …
Persistent link: https://www.econbiz.de/10005281299
In this Paper we study the impact of credit risk transfer (CRT) on the stability and the efficiency of a financial …
Persistent link: https://www.econbiz.de/10005662362
potential to increase the intensity of competition as well as to act as a channel for technology transfers. One would expect …) enjoy higher levels of efficiency and have the potential to generate positive spillovers. At the same time, the entry of …
Persistent link: https://www.econbiz.de/10005497928
We study the effect of entry on costs and competition in the Portuguese mobile telephony industry. We construct and … effort. We show that failure to account for cost reducing effort leads to biased estimates of competition in the industry. We … significant cost reductions, and fostered competition. …
Persistent link: https://www.econbiz.de/10005791373
local network externalities, in contrast to global network externalities, don't necessarily sharpen competition. Then we …
Persistent link: https://www.econbiz.de/10008530382
shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade …
Persistent link: https://www.econbiz.de/10009399719
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 …
Persistent link: https://www.econbiz.de/10011083592
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 …
Persistent link: https://www.econbiz.de/10011084592
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427