Similar Search Results

A coase-kép másképp: Coase és a közszolgáltatások

Pál, Valentiny - 2018

Thinking about Ronald Coase, economists generally refer to transaction and social costs, to the importance of property rights and institutions or to the Coase-theorem. Examine his work more closely, a common feature takes shape behind these ideas, the public utilities. The constant and detailed...

Persistent link: https://www.econbiz.de/10012290254

Energy services at local and national level in the transition period in Hungary

Valentiny, Pál - 2008

Energy industries are mainly organised at national level in Hungary, however local governments have their specific role in the system. Local governments have been major performers in the first period of the transition process: they were entitled to receive 25 per cent of the shares in electric...

Persistent link: https://www.econbiz.de/10010494369

Piacnyitás a hálózatos szolgáltatásoknál

Valentiny, Pál - 2010

Several decades of market opening has become a characteristic of network industries. Its main hindrances and aids has come into sight during this period. There is a need now to evaluate the process of market opening and to assess the steps to be taken. Market opening is usually measured by...

Persistent link: https://www.econbiz.de/10010494442

Nationalizations and effciency

Crivelli, Ernesto; Staal, Klaas - 2009

We develop a theoretical model in which ?rms are either private or state-owned. When ?rms become insolvent, the government can intervene with general measures, like subsidies, or by nationalizing ?rms. The government only intervenes when the bankruptcy of a ?rm entails social costs. In a...

Persistent link: https://www.econbiz.de/10010333806

The Threat of Capital Drain: A Rationale for Public Banks?

Hakenes, Hendrik; Schnabel, Isabel - 2006

This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...

Persistent link: https://www.econbiz.de/10010334086

Political Selection of Firms into Privatization Programs - Evidence from Romanian Comprehensive Data

Szentpéteri, Ádám; Telegdy, Álmos - 2008

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization programs. Using a comprehensive dataset that includes all firms inherited from...

Persistent link: https://www.econbiz.de/10010494385

Political Selection of Firms into Privatization Programs. Evidence from Romanian Comprehensive Data

Szentpéteri, Ádám; Telegdy, Álmos - 2009

Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that includes all firms inherited from socialism, we estimate...

Persistent link: https://www.econbiz.de/10010494403

Political Objectives and Privatization Decisions - Selection of Firms into Privatization or Long-Term State Ownership in Romania

Szentpéteri, Ádám; Telegdy, Álmos - 2009

With the help of a peculiar institutional feature of early Romanian privatization, when a group of firms was explicitly banned to become private, we test which factors contributed to the selection of firms into long-term state ownership. We find that politicians sheltered large and inefficient...

Persistent link: https://www.econbiz.de/10010494411

Delegating pricing power to customers: Pay what you want or name your own price?

Krämer, Florentin; Schmidt, Klaus M.; Spann, Martin; … - 2015

Pay What You Want (PWYW) and Name Your Own Price (NYOP) are customerdriven pricing mechanisms that give customers (some … customers by reducing prices without setting a reference price. In this experimental study we compare the functioning and the … performance of these two pricing mechanisms. We show that both mechanisms can be successfully used to endogenously price …

Persistent link: https://www.econbiz.de/10011350830

How does entry regulation influence entry into selfemployment and occupational mobility?

Prantl, Susanne; Spitz-Oener, Alexandra - 2009

We analyze how an entry regulation that imposes a mandatory educational standard affects entry into self-employment and occupational mobility. We exploit the German reunification as a natural experiment and identify regulatory effects by comparing differences between regulated occupations and...

Persistent link: https://www.econbiz.de/10010333717

1
2
3
4
5
6
7
8
Next
Last