Showing 1 - 10 of 949
This paper has explored the stringency of land-use regulation in US cities, focusing on building heights. Substantial …
Persistent link: https://www.econbiz.de/10011822114
One of the key questions in the study of regulation is whether the costs of regulatory compliance fall homogeneously on …
Persistent link: https://www.econbiz.de/10014320686
link between gasoline content regulation and the compliance behavior of refineries. We find that in areas with more … stringent gasoline regulation, there was increased compliance on the part of firms. -- Clean Air Act ; compliance behavior … ; energy markets ; product regulation ; petroleum refining ; environmental pollution …
Persistent link: https://www.econbiz.de/10009659324
This paper reviews the history of executive compensation disclosure and other government policies affecting CEO pay, and as well surveys the literature on the effects of these policies. Disclosure has increased nearly uniformly since 1933. A number of other regulations, including special taxes...
Persistent link: https://www.econbiz.de/10003749481
This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate governance affects the disutility of managerial effort and the possibility of managers to divert company resources. It shows that corporate governance affects firms’ stock...
Persistent link: https://www.econbiz.de/10010212666
of individual and societal factors. The reactions "Government Regulation", "Flooding", "Passive Escape: Digital Detox …
Persistent link: https://www.econbiz.de/10011761654
assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …
Persistent link: https://www.econbiz.de/10013463693
environmental expenditures can justify public interest defence for the operation of a cartel. Using a variant of the Dixit … expenditures and higher welfare. However, allowing the operational firms to form a cartel and raise prices above Nash equilibrium …
Persistent link: https://www.econbiz.de/10011754267
This paper sheds new light on the role of communication for cartel formation. Using machine learning to evaluate free … cartel formation and indirect attempts to collude tacitly. We document that firms are less likely to communicate explicitly … sanctions on communication reinforces the direct cartel-deterring effect of sanctions as collusion is more difficult to reach …
Persistent link: https://www.econbiz.de/10013418834
This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We … show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel … stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect …
Persistent link: https://www.econbiz.de/10003850139