Showing 1 - 10 of 135
-of-return regulation is generally thought to result in over investment, 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 …
Persistent link: https://www.econbiz.de/10013160048
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection … dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs …
Persistent link: https://www.econbiz.de/10013079870
This paper examines the role of both cost-sharing schemes in health insurance systems and entry regulation for … coinsurance rate and stricter price regulations adversely affect R&D spending in the pharmaceutical sector. In contrast, entry …-sharing and entry barriers in the pharmaceutical sector also affect aggregate productivity and wage rates …
Persistent link: https://www.econbiz.de/10013125326
We study the impact of barriers to entry on workplace training. Our theoretical model indicates that there are two …
Persistent link: https://www.econbiz.de/10013316253
understand this recent rise in NGO activism, we develop a theory of optimal regulation in which a regulated industry seeks to … undertake a project that may be harmful to society. On the one hand, public regulation is vulnerable to the influence of the …
Persistent link: https://www.econbiz.de/10012989525
We consider a network that intermediates traffic between free content providers and consumers. While consumers do not know the traffic cost when deciding on consumption, a content provider knows his cost but may not control the consumption. We study how pricing consumers' and content providers'...
Persistent link: https://www.econbiz.de/10013055385
We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market …
Persistent link: https://www.econbiz.de/10013017710
This paper analyzes the effects of net neutrality regulation on investment incentives for Internet service providers …
Persistent link: https://www.econbiz.de/10013316480
matching market. We analyze the implications of asymmetric market entry costs for the patterns of international trade and …
Persistent link: https://www.econbiz.de/10013135452
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … to an incumbent firm) are endogenous. We show that government programs to support small businesses foster market entry by …
Persistent link: https://www.econbiz.de/10013067942