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How consumers’ socio-economic background influences satisfaction: Insights for better utility regulation
Clifton, Judith; Díaz-Fuentes, Daniel; … - Volkswirtschaftliche Fakultät, … - 2013
Augmenting consumer welfare was a key justification behind the reform of utilities from the 1980s. But, three decades later, evidence is mounting that consumer satisfaction with household utilities is quite uneven. Moreover, governments, regulators and international organizations are...
Persistent link: https://www.econbiz.de/10011258751
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Infrastructure regulation: what works, why, and how do we know?
Clifton, Judith; Díaz-Fuentes, Daniel; Fernández … - Volkswirtschaftliche Fakultät, … - 2009
Public infrastructure services have been subject to dramatic regulatory reform since the 1980s in the European Union, particularly privatization, at the national level, and increased liberalization and deregulation, via the Single Market Programme. Despite this ambitious reform programme, there...
Persistent link: https://www.econbiz.de/10009283788
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Bringing Citizens Back In: Renewing Public Service Regulation
Clifton, Judith; Díaz-Fuentes, Daniel; Fernández … - Volkswirtschaftliche Fakultät, … - 2011
This essay concerns the ways in which public services – particularly household services such as communications, energy, water and transportation – have been regulated and deregulated, and analyses what consequences this has for users and citizens. Much of the deregulation of public services...
Persistent link: https://www.econbiz.de/10009283800
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Interactions between Country-of-Origin, Brands and Food-Safety-Certificates in the Promotion of Beef in Germany – What is the Right Labelling Strategy? – A Consumer Preference Anal...
Profeta, Adriano - Volkswirtschaftliche Fakultät, … - 2008
This paper focuses on the deeper analysis of the interaction between Country-of-Origin, QUALITY & SAFETY labels, retailer brands and individual specific data with the target of identifying the best labelling strategies for the GERMAN BEEF market. For this purpose Discrete-Choice-method was...
Persistent link: https://www.econbiz.de/10008596412
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Is Market-Oriented Reform Producing a “Two-Track” Europe? Evidence from Electricity and Telecommunications
Clifton, Judith; Díaz-Fuentes, Daniel; Fernández … - Volkswirtschaftliche Fakultät, … - 2011
The European Commission has formally recognised that adequate provision of basic household services, including energy, communications, water and transport, is key to ensuring equity, social cohesion and solidarity. Yet little research has been done on the impact of the reform of these services...
Persistent link: https://www.econbiz.de/10009277278
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Relational contract theory and management contracts: A paradigm for the application of the Theory of the Norms
Diathesopoulos, Michael - Volkswirtschaftliche Fakultät, … - 2010
This paper examines management contracts as a paradigm for the application of relational contracts theory and especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured and analysed by I.R. MacNeil gives us a framework for the...
Persistent link: https://www.econbiz.de/10008599121
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Foreign Direct Investment and Civil Rights: Testing Decreasing Returns to Civil Rights
Ponce, Aldo - Volkswirtschaftliche Fakultät, … - 2010
In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy – specifically those concerning civil rights – present positive but decreasing...
Persistent link: https://www.econbiz.de/10008552809
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Explicit Evidence of an Implicit Contract
Young, Andrew; Levy, Daniel - Volkswirtschaftliche Fakultät, … - 2013
We offer the first direct evidence of an implicit contract in a goods market. The evidence comes from the market for … Coca-Cola. We demonstrate that the Coca-Cola Company left a written evidence of its implicit contract with its consumers …—a very explicit form of an implicit contract. The contract promised a 5¢ price and adherence to the “Secret Formula.” Because …
Persistent link: https://www.econbiz.de/10011257711
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Consumer demand for variety: intertemporal effects of consumption, product switching and pricing policies
Ribeiro, Ricardo - Volkswirtschaftliche Fakultät, … - 2010
The concept of diminishing marginal utility is a cornerstone of economic theory. The consumption of a good typically creates satiation that diminishes the marginal utility of consuming more. Temporal satiation induces consumers to increase their stimulation level by seeking variety and therefore...
Persistent link: https://www.econbiz.de/10008685488
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Contract law as an alternative possibility for investments in transition economies
Krasniqi, Armand - Volkswirtschaftliche Fakultät, … - 2010
seriously engage to approximate the legislation with well known international standards by applying international contract … internationally recognised. Alternative possibilities of entrance in trade, guaranteed by contract law of every country and which …
Persistent link: https://www.econbiz.de/10008633349