We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an … competition is hindered, even if jurisdictions display identical revenue capacities …

The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …

We consider the regulation of national firms in a common market. Regulators can influence the production of national … that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …

-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 …

-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …

Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for …

examine whether information on the offered incentives improves reports about a known objective prior. We find that transparent … information on incentives gives rise to error rates in excess of 40 percent, and that only 15 percent of participants consistently … report the truth. False reports are conservative and appear to result from a biased perception of the BSR incentives. While …