are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …

regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory … regulated entities – part of these costs can be regarded as the administrative burden of regulation for the private sector – but … society due to e.g. miscommunication on the aims of regulation, and are, of course, hard to quantify. A cost calculation using …

standard approach subsequent to becoming regulated, i.e., the presence of regulation may induce a bank to decrease the quality …

default swaps in a bond market subject to default risk. We further use the laboratory as a testbed to analyze CDS regulation …. Our results show that the regulation achieves the goal of increasing the use of CDS for hedging purposes while reducing …