specialisation, unless the mismatch costs and the diagnosing accuracy are sufficiently high. Second-best price regulation makes … direct regulation of GP consultation redundant, but will generally not implement first-best. …

-patent pharmaceuticals, replacing the existing price cap (PC) regulation. We estimate the effect of the reform using a product level panel … dataset, covering the drugs exposed to RP and a large number of drugs still under PC regulation in the time before and after … regulation in lowering drug prices, while the cross-price effect raises a concern about patent protection. …

Article underscores the dark side of both phenomena by focusing on the anti-competitive features of regulation and reform and …

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …

We consider environmental regulation in a context where firms invest in abatement technology under conditions of …

country significantly attracts FDI. What is important for these pollution haven effects is not only regulation but also …

Labor courts play an important role in determining the effective level of labor market regulation in Germany, but their …