restore the efficiency of equilibria …

We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten …

We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … can give rise to two efficiency-enhancing effects when firms trade through two-part tariffs. It increases R&D investments … efficiency gains can overcome its anti-competitive effects in terms of welfare, we show that when firms merge usually both of the …

disposal a capital tax and an environmental standard. Petchey (2015) claims that the efficiency result of Oates and Schwab can … be extended to a large price-influencing jurisdiction. In the present note we show that the concept of Pareto efficiency …

This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric …

This paper attempts to identify the effect of fiscal decentralization on public sector efficiency (PSE). We employ data …

tax results in overprovision of the public service, while the effects of a capital tax - and thus the relative efficiency …