Attempts to curb undesired behavior through regulation gets complicated when agents can adapt to circumvent enforcement …

the welfare costs of current regulation are borne by landless laborers, who represent the poorest segment of society and …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond …

in El Salvador. Antitrust legislation, consumer protection and an adequate regulation of privatized utilities are central …