We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly … breaks-even. With costly effort, the firm can deter evasion. Under unit demand and fixed quality, price is independent of …

We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly … breaks-even. With costly effort, the firm can deter evasion. Under unit demand and fixed quality, price is independent of …

We consider a model featuring a single-product natural monopoly, which faces evaders, i.e., individuals that may not … pay the price. By exerting a costly effort, the firm can deter evasion. To maximize the total surplus, a regulator sets … the price, the level of deterrence effort, and socially costly transfers to ensure the monopoly's participation. We obtain …

We consider the regulation of national firms in a common market. Regulators can influence the production of national …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation …. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in …-post with the private firms. This ex-post contracting set-up allows more flexibility than traditional regulation where …

animal food quality. With consumer and producer heterogeneity, regulation is the same but sector-specific, with a more … intense regulation in the sector with the worse living conditions of animals …

We analyze how a privacy regulation taking the form of a cap on information disclosure affects quality …. If the share of privacy-concerned users is sufficiently small, privacy regulation has a negative effect on innovation and … may harm users. However, if the share of privacy-concerned users is sufficiently large, privacy regulation has a positive …

nondiscrimination regulation that forces the ISP to provide an equal quality upgrade to both CPs, however, can reduce the ISP …