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Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education

Kosfeld, Michael; Schüwer, Ulrich - Institute for the Study of Labor (IZA) - 2011

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/10009359868

Powering Up Developing Countries through Integration?

Auriol, Emmanuelle; Biancini, Sara - CESifo - 2012

Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...

Persistent link: https://www.econbiz.de/10010556079

Vertical Restructuring of the Infrastructure Sectors of Transition Economies

Pittman, Russell - EconWPA - 2001

One important determinant of the speed and success of transition will be the efficiency of transformation and development of the infrastructure sectors. A great deal of attention has been paid to issues such as privatisation, restructuring, user prices, and terms of access in these sectors,...

Persistent link: https://www.econbiz.de/10005134435

Telecommunications Regulation: An Introduction

Economides, Nicholas - EconWPA - 2004

carriers), and we point to the real danger that the intent of Congress in passing the 1996 Act to promote competition in …

Persistent link: https://www.econbiz.de/10005134493

Private hospitals in Australia

Commission, Productivity - EconWPA - 2001

Amongst other things, this report: . provides a statistical overview of the structure of the industry and the activities of the 500 acute care, psychiatric and day hospitals that operate within it; . looks at some indicators of the industry’s financial performance, efficiency and quality of...

Persistent link: https://www.econbiz.de/10005134599

International benchmarking of Australian telecommunications services

Commission, Productivity - EconWPA - 2002

The study compares the performance of the Australian telecommunications services industry with those in other countries. Related papers submitted to this study by NECG Ltd. and Telecom New Zealand have been released with the report.

Persistent link: https://www.econbiz.de/10005134992

Privatization Experiences in France

Berne, Michel; Pogorel, Gérard - CESifo - 2004

France lived through a long period of nationalization until the early 1980s, when nearly all the largest industrials firms as well as all the banks and public services were state-owned. Since then, a series of privatization moves have caused the state sector to shrink. Public services present a...

Persistent link: https://www.econbiz.de/10005181437

Restructuring the Polish Railway for Competition

Ordover, Janusz; Pittman, Russell - EconWPA - 2001

Railway, PKP, that would improve the efficiency of the railroad while creating some form of competition in order to prevent … monopoly pricing. Traditional intramodal competition is unlikely to be feasible in the foreseeable future, and for the most … important commodities carried by PKP, intermodal competition is not important. A proposal under discussion is to separate the …

Persistent link: https://www.econbiz.de/10005412942

Privatization in Sub-Saharan Africa: Some Lessons from Experiences to Date

Buchs, Thierry - EconWPA - 2005

in privatization transactions despite some showcase transactions; fifth, regulation and competition have often been …

Persistent link: https://www.econbiz.de/10005413292

Competition Policy for Natural Monopolies in a Developing Market Economy

Ordover, Janusz; Pittman, Russell; Clyde, Paul - EconWPA - 2001

Not all industries in post-socialist countries are appropriate targets for demonopolization and deregulation: as in the West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This paper focuses on three aspects of the design of...

Persistent link: https://www.econbiz.de/10005561393