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The Effects of Short-Term Rental Regulation : Insights from Chicago
Jin, Ginger Zhe; Wagman, Liad; Zhong, Mengyi - National Bureau of Economic Research - 2024
We provide an in-depth study of short-term rental (STR) regulation in Chicago. While many municipalities choose between …
Persistent link: https://www.econbiz.de/10014576565
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Restrict the Middleman? : Quantitative Models of PBM Regulations and Their Consequences
Mulligan, Casey B. - National Bureau of Economic Research - 2023
This paper provides the first quantitative economic models of pharmacy benefit management regulation. The price … "rebate traps." Applicable types of regulation include rebate rules, such as the HHS rebate rule and the Insulin Act …
Persistent link: https://www.econbiz.de/10014247918
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Secrecy Rules and Exploratory Investment : Theory and Evidence from the Shale Boom
Covert, Thomas R.; Sweeney, Richard L. - National Bureau of Economic Research - 2022
We analyze how information disclosure policy affects investment efficiency in non-cooperative settings with information externalities. In a two-firm, two-period model, we characterize equilibrium behavior under policies which disclose whether investment returns exceed a predefined level. These...
Persistent link: https://www.econbiz.de/10013435110
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Economic Research on Privacy Regulation : Lessons from the GDPR and Beyond
Johnson, Garrett - National Bureau of Economic Research - 2022
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm … compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …
Persistent link: https://www.econbiz.de/10013477197
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Regulating the Direction of Innovation
Gans, Joshua - National Bureau of Economic Research - 2024
This paper examines the regulation of technological innovation direction under uncertainty about potential harms. We …
Persistent link: https://www.econbiz.de/10014635704
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Energy Transitions in Regulated Markets
Gowrisankaran, Gautam; Langer, Ashley; Reguant, Mar - National Bureau of Economic Research - 2024
electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during …
Persistent link: https://www.econbiz.de/10014468287
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The Role of Repugnance in Markets : How the Jared Fogle Scandal Affected Patronage of Subway
Cawley, John H.; Eddelbuettel, Julia; Cunningham, Scott; … - National Bureau of Economic Research - 2023
Economics has long studied how consumers respond to the disclosure of information about firms. We study a case in which the disclosed information is unrelated to the product or firm leadership, but which could still potentially affect consumer patronage through the mechanism of repugnance, as...
Persistent link: https://www.econbiz.de/10014421207
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Location Sorting and Endogenous Amenities : Evidence from Amsterdam
Almagro, Milena; Domínguez-Iino, Tomás - National Bureau of Economic Research - 2024
This paper shows the endogeneity of amenities plays a crucial role in determining the welfare distribution of a city's residents. We quantify this mechanism by building a dynamic model of residential choice with heterogeneous households, where consumption amenities are the equilibrium outcome of...
Persistent link: https://www.econbiz.de/10014528344
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China's New Regional Trade Agreements
Antkiewicz, Agata - 2004
This paper discusses the recent regional trade agreements that China has concluded rapidly following accession to the WTO in 2002. Agreements are in place with Hong Kong, Macao, ASEAN, Australia, and New Zealand, and are either in negotiation or under discussion with South Africa, Chile, India,...
Persistent link: https://www.econbiz.de/10012467695
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Safeguarding Consumers Through Minimum Quality Standards : Milk Inspections and Urban Mortality, 1880-1910
Anderson, D. Mark; Charles, Kerwin Kofi; McKelligott, … - National Bureau of Economic Research - 2022
We examine the effect of enforcing minimum quality standards (MQSs) on consumer health. In the late 1800s, the urban milk supply was regularly skimmed and diluted with water, but consumers could not easily determine its quality because dyes, caramel, and salt were added. To protect consumers,...
Persistent link: https://www.econbiz.de/10013210091