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Fear, trust and demand for regulation : evidence from the Covid-19 pandemic in Russia
Borisova, Ekaterina; Frye, Timothy; Schoors, Koen; … - 2022
Understanding demand for state regulation is a foundational issue for social science. To account for this demand … attention to fear. We test how fear and trust shape demand for government regulation by drawing on especially precise measures … fear of contracting the virus is directly related to greater demand for regulation. In addition, the impact of trust is …
Persistent link: https://www.econbiz.de/10013473338
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Using degree days to value farmland
Massetti, Emanuele; Mendelsohn, Robert O.; … - 2014
Farmland values have traditionally been valued using seasonal temperature and precipitation. A new strand of the literature uses degree days over the growing season to predict farmland value. We find that degree days and daily temperature are interchangeable over the growing season. However, the...
Persistent link: https://www.econbiz.de/10010468577
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Liberalizing Russian gas markets : an economic analysis
Aune, Finn Roar; Golombek, Rolf; Hallre, Hilde; Moe, Arild - 2015
purpose, we use a detailed numerical model for the energy markets in Europe and Russia - LIBEMOD. Our results suggest that … removing implicit subsidies to Russian gas consumers will have substantial impacts on total consumption of gas in Russia …
Persistent link: https://www.econbiz.de/10010533092
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Investment in broadband infrastructure under local deregulation : evidence from the UK broadband market
Fabritz, Nadine; Falck, Oliver - 2013
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a...
Persistent link: https://www.econbiz.de/10009752995
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Prices vs. quantities with endogenous cost structure
Storrøsten, Halvor Briseid - 2014
Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …
Persistent link: https://www.econbiz.de/10010238324
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Irreversible investments and regulatory risk
Panteghini, Paolo; Scarpa, Carlo - 2003
This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits go beyond a given level. It is shown that a pure price...
Persistent link: https://www.econbiz.de/10011507879
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Investment size and firm's value under profit sharing regulation
Moretto, Michele; Panteghini, Paolo; Scarpa, Carlo - 2003
In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm s start-up decision relative to a pure price cap...
Persistent link: https://www.econbiz.de/10011509471
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Regulation in Swiss cantons : data for one country
Lüchinger, Simon; Schelker, Mark - 2015
In this paper, we present and illustrate novel data on more than a century of regulation in Switzerland. We provide … reflected in the annual changes to such regulation from 1908-2013. We measure the stock of regulation by the number of … heterogeneity in the stock of regulation and the amount and development of regulatory activity. Regulatory activity generally …
Persistent link: https://www.econbiz.de/10011405724
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The new systems competition
Sinn, Hans-Werner - 2001
While the old systems competition took place with closed borders, globalisation has brought about a new type of systems competition that is driven by the mobility of factors of production. The new systems competition will likely imply the erosion of the European welfare state, induce a race to...
Persistent link: https://www.econbiz.de/10011408441
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The interplay between regulation and competitions : the case of universal service obligations
Hörnig, Steffen; Valletti, Tommaso M. - 2002
Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...
Persistent link: https://www.econbiz.de/10011409371