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markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how … the topics examined by this literature--especially auctions, investment, productivity and innovation, and regulation …
Persistent link: https://www.econbiz.de/10012629455
1985-2007. Competitive pressures are proxied with sectoral product market regulation data. We find evidence that …
Persistent link: https://www.econbiz.de/10012462137
We study the distortions to industrial organization caused by entry regulation. We take advantage of heterogeneity … affected by country-level entry regulation. In industries with high natural entry barriers, entry regulation has little impact …, countries with high entry regulation have relatively few, large firms. We find no relation between natural entry barriers and …
Persistent link: https://www.econbiz.de/10012467758
This paper analyzes the impact of rate regulation on the structure of insurance markets for private passenger … those states which impose the most stringent regulation. The analysis suggests that increased regulatory stringency lowers …
Persistent link: https://www.econbiz.de/10012473600
feature of market economies, is inherently vulnerable to runs in all its forms (not just demand deposits). Bank regulation … aims at preventing bank runs. History shows two approaches to bank regulation: the use of high quality collateral to back …
Persistent link: https://www.econbiz.de/10012479840
We develop a dynamic game to explore the interaction between regulation and private policies, such as self-regulation … by firms and activism. Without a public regulator, the possibility of self-regulation is bad for the firm, but good for … activists who are willing to maintain a costly boycott to raise the likelihood of self-regulation. Results are reversed when the …
Persistent link: https://www.econbiz.de/10012458926
the market. In particular, we look at whether speed of privatization, legal institutions or initial conditions are more … endogeneity, confused issues of speed and level of privatization, and did not face up to the problems of multicollinearity. Our … results suggest that, contrary to the earlier literature, the speed of privatization is negatively associated with growth, but …
Persistent link: https://www.econbiz.de/10012466679
We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by pairs of specialized companies. Production of each variety of consumer good requires a unique,...
Persistent link: https://www.econbiz.de/10012471481
This Handbook chapter seeks to introduce students and researchers of industrial organization (IO) to the field of market design. We emphasize two important points of connection between the IO and market design fields: a focus on market failures--both understanding sources of market failure and...
Persistent link: https://www.econbiz.de/10012660045
We review approaches to identification and inference on models in Industrial Organization with partial identification and/or moment inequalities. Often, such approaches are intentionally built directly on assumptions of optimizing behavior that are credible in Industrial Organization settings,...
Persistent link: https://www.econbiz.de/10012660087