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The Effect of Privacy Regulation on the Data Industry : Empirical Evidence from Gdpr

Aridor, Guy; Che, Yeon-Koo; Salz, Tobias - 2022

Regulation (GDPR). The opt-in requirement of GDPR resulted in 12.5% drop in the intermediary-observed consumers, but the …

Persistent link: https://www.econbiz.de/10014100575

The Failure of Free Entry

Gutiérrez Gallardo, Germán; Philippon, Thomas - 2022

We study the entry and exit of firms across U.S. industries over the past 40 years. The elasticity of entry with respect to Tobin’s Q was positive and significant until the late 1990s but declined to zero afterwards. Standard macroeconomic models suggest two potential explanations: rising...

Persistent link: https://www.econbiz.de/10014105633

Political Determinants of Competition in the Mobile Telecommunication Industry

Faccio, Mara - 2017

government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …

Persistent link: https://www.econbiz.de/10012965433

Optimal Regulation with Exemptions

Kaplow, Louis - 2017

basic and ubiquitous features of regulation as actually implemented throughout the world has received little theoretical … because exemption induces additional harmful activity to be channeled their way. This article analyzes optimal regulation with … regulation, which illustrates the contrast with the mechanism design approach that analyzes the optimal use of instruments of a …

Persistent link: https://www.econbiz.de/10012946483

Mostly Harmless Regulation? Electronic Cigarettes, Public Policy and Consumer Welfare

Kenkel, Donald Scott - 2017

Electronic cigarettes are a less harmful alternative to combustible cigarettes. We analyze data on e-cigarette choices in an online experimental market. Our data and mixed logit model capture two sources of consumer optimization errors: over-estimates of the relative risks of e-cigarettes; and...

Persistent link: https://www.econbiz.de/10012949411

Regulation of Charlatans in High-Skill Professions

Berk, Jonathan B. - 2017

disclosure requirements that exist in these markets. We show that reducing the number of charlatans through regulation decreases … regulation, implying that the regulation we observe in these markets likely derives from producer interests. Using these insights …

Persistent link: https://www.econbiz.de/10012949422

Optimal Regulation of Financial Intermediaries

Di Tella, Sebastian - 2017

I characterize the optimal financial regulation policy in an economy where financial intermediaries trade capital … assets on behalf of households, but must retain an equity stake to align incentives. Financial regulation is necessary …

Persistent link: https://www.econbiz.de/10012951871

Money and Politics : The Effects of Campaign Spending Limits on Political Competition and Incumbency Advantage

Avis, Eric - 2017

This paper examines the effects of campaign spending limits on political competition and incumbency advantage. We study a reform in Brazil that imposed limits on campaign spending for mayoral elections. These limits were implemented with a discontinuous kink which we exploit for causal...

Persistent link: https://www.econbiz.de/10012954449

Productivity, Safety, and Regulation in Underground Coal Mining : Evidence from Disasters and Fatalities

Gowrisankaran, Gautam - 2015

Underground coal mining is a dangerous industry where the regulatory state may impose tradeoffs between productivity and safety. We recover the marginal tradeoffs using disasters near a mine as shocks that increase future accident costs. We find that in the second year after a disaster,...

Persistent link: https://www.econbiz.de/10013023346

Regulation and Welfare : Evidence from Paragraph IV Generic Entry in the Pharmaceutical Industry

Branstetter, Lee - 2015

With increasing frequency, generic drug manufacturers in the United States are able to challenge the monopoly status of patent-protected drugs even before their patents expire. The legal foundation for these challenges is found in Paragraph IV of the Hatch-Waxman Act. If successful, these...

Persistent link: https://www.econbiz.de/10013037831