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The economics literature on Net Neutrality (NN) has been largely critical of NN regulation on the basis of theoretical … in question. Thus, an ex post competition policy approach would be preferable to a strict ex ante prohibition of NN … violations. In contrast, the current paper argues that NN regulation is largely ineffective, in particular, when it comes to the …
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I investigate whether two mechanisms leading to biased beliefs about success, overconfidence and competition neglect … making their decision. Second, I vary whether the competition group consists of all potential competitors or only of …
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We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure of searchers: prices are highest when there are no searchers (local monopoly power)...
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