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Matter, Ulrich; Roberti, Paolo; Slotwinski, Michaela - 2019

We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...

Persistent link: https://www.econbiz.de/10012126192

Electricity market operation : transitioning from a free market to a single buyer structure

Daglish, Toby; Bragança, Gabriel Godofredo Fiuza de; … - 2016

We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using a market mechanism, and in March 2004 reformed to a single buyer structure. We model monthly log price differences using a two-state Markov Switching model, allowing water...

Persistent link: https://www.econbiz.de/10012059460

The EMU consolidation game - or: Does 3.0 really mean 3.0?

Heinemann, Friedrich - 1998

Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...

Persistent link: https://www.econbiz.de/10013428121

Do politicians affect firm outcomes? : evidence from connections to the German Federal Parliament

Diegmann, André; Pohlan, Laura; Weber, Andrea - 2024

We study how connections to German federal parliamentarians affect firm dynamics by constructing a novel dataset to measure connections between politicians and the universe of firms. To identify the causal effect of access to political power, we exploit (i) new appointments to the company...

Persistent link: https://www.econbiz.de/10014566803

Regulatory compliance with limited enforceability : evidence from privacy policies

Ganglmair, Bernhard; Krämer, Julia; Gambato, Jacopo - 2024

The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …

Persistent link: https://www.econbiz.de/10014504790

News media bargaining codes

Sandrini, Luca; Somogy, Robert - 2024

We build a model of the news market where advertisers allocate their ads between a social media platform and a news website. Our objective is to evaluate policy interventions aimed at fostering news creation by transferring revenues from social media to news websites already introduced in...

Persistent link: https://www.econbiz.de/10014577558

Consumer salience and quality provision in (un)regulated public service markets

Gu, Yiquan; Rasch, Alexander; Wenzel, Tobias - 2020

This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers’ decision weight on quality...

Persistent link: https://www.econbiz.de/10012390724

The more the merrier? : on the optimality of market size restrictions

Negenborn, Colin von - 2019 - This draft: September 10, 2019

This paper provides a novel rationale for the regulation of market size when heterogeneous firms compete. A regulator …

Persistent link: https://www.econbiz.de/10012108481

Efficiency and regulation in the sanitation sector in Brazil

Motta, Ronaldo Serôa da; Moreira, Ajax - 2015

Regulation in the sanitation sector in Brazil is facing a great deal of debate regarding the government level in which …, we investigate how the absence of tariff regulation has dissipated efficiencies and allowed the practice of monopolistic …

Persistent link: https://www.econbiz.de/10012023809

Consumer consent regulation

Strausz, Ronald - 2024

Consumer consent regulation is the cornerstone of modern data privacy regulation such as the European GDPR and the … Californian CCPA. By ensuring that consumers can reject any harmful data collection, the regulation seems an effective tool for … protecting consumers against price discrimination. By contrast, I provide the insight that consent regulation alone is …

Persistent link: https://www.econbiz.de/10015130500