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Besfamille, Martin; Figueroa, Nicolás; Guzmán, León - 2022

We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public …

Persistent link: https://www.econbiz.de/10012822098

Ramsey pricing revisited : natural monopoly regulation with evaders

Besfamille, Martin; Figueroa, Nicolás; Guzmán, León - 2023

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...

Persistent link: https://www.econbiz.de/10014414300

Implementing efficient market structure

Grimm, Veronika; Riedel, Frank; Wolfstetter, Elmar - 2000

This article studies the design of optimal mechanisms to regulate entry in natural oligopoly markets, assuming the regulator is unable to control the behavior of firms once they are in the market. We adapt the Clark-Groves mechanism, characterize the optimal mechanism that maximizes the weighted...

Persistent link: https://www.econbiz.de/10009781544

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

Dynamic entry in vertically differentiated markets

Auer, Raphael A.; Sauré, Philip - 2016

We develop a model of vertical innovation in which firms incur a market entry cost and choose a unique level of quality. Once established, firms compete for market shares, selling to consumers with heterogeneous tastes for quality. The equilibrium of the pricing game exists and is unique within...

Persistent link: https://www.econbiz.de/10011547909

Government outsourcing : public contracting with private monopoly

Auriol, Emmanuelle (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003364220

How efficient is a contestable natural monopoly?

Weichenrieder, Alfons J. - 1999

This paper considers the efficiency of a contestable natural monopoly if consumers are heterogeneous and the monopolist can differentiate prices imperfectly. With restricted entry, the standard result in this case is that the monopoly offers a menu of price-quantity combinations which leads to...

Persistent link: https://www.econbiz.de/10009781681

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

Investment in broadband infrastructure under local deregulation : evidence from the UK broadband market

Fabritz, Nadine; Falck, Oliver - 2013

exploit regional differences in deregulation following a 2008 reform. Controlling for initial conditions, first …

Persistent link: https://www.econbiz.de/10009752995

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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