This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show … negotiations. A light-handed regulatory policy can induce effective competition. Call prices are close to the marginal cost if the …

theoretical support for recent policy initiatives by the European Commission. …

This paper analyses simultaneous regulation of cost and quality when firms have private, correlated information about …

policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that …

. Since publicly owned water utilities in Sweden are governed by a cost-of-service regulation, prices in neighboring …This study provides the first empirical test of strategic interactions in the pricing decisions of regulated utilities … neighboring utilities' prices as benchmarks for costs or as behaviorally based reference prices, utilities will face the risk of …

and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an …