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paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes … financial institutions subject to stricter regulation. Following the easing of these regulations, overconfidence-induced risk …-taking increases again. These findings confirm the effectiveness of financial regulation at correcting overconfident behavior, but also …
Persistent link: https://www.econbiz.de/10014477386
Unfavorable news are often delivered under the disguise of vagueness. Our theory-driven laboratory experiment investigates this strategic use of vagueness in voluntary disclosure and asks whether there is scope for policy to improve information transmission. We find that vagueness is profitably...
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consumer surplus. We relate our findings to competition cases in digital markets. …
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: What are the economics of attention intermediaries? For competition policy, how should markets be defined and market power …
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legislative regulation of outsourcing. Probably, qualified impact evaluations of this phenomenon should be made, before any …
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Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political …
Persistent link: https://www.econbiz.de/10011705495
The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …
Persistent link: https://www.econbiz.de/10014504790