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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
consensus on whether this new privacy regulation is beneficial or detrimental to innovation. This study provides empirical …In May 2018, a new regulation by the European Commission on data protection came into force, the General Data … Protection Regulation (GDPR). It requires many firms to update their data protection strategy. It may also complicate different …
Persistent link: https://www.econbiz.de/10013411289
The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …
Persistent link: https://www.econbiz.de/10014504790
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
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
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
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
Persistent link: https://www.econbiz.de/10000138862
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regulation hypothesis and Porter Hypothesis. …
Persistent link: https://www.econbiz.de/10013202842