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The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …
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consumer surplus. We relate our findings to competition cases in digital markets. …
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regulatory competition when banks are heterogeneous and give loans to firms that produce output in an integrated market. In this …
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Communal responsibility, a medieval institution studied by Greif (2006), supported the use of credit among European merchants in the absence of modern enforcement technologies. This paper shows how this mechanism helps to overcome enforcement problems in anonymous buyer/seller transactions. In a...
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