Showing 1 - 10 of 884
The U.S. regulation of high-voltage transmission is highly complex and, as a result, generally poorly understood. The … are not synchronized with the larger regional grid. We summarize this complex structure of transmission regulation in the …
Persistent link: https://www.econbiz.de/10014512108
We explore how firms respond to downstream product shocks. We find that affected firms increase R&D and make additional safety-related investments in their existing assets-in-place. These investments vary with firm capabilities and across shock severity. Competitors appear to vicariously learn...
Persistent link: https://www.econbiz.de/10014635666
We provide an in-depth study of short-term rental (STR) regulation in Chicago. While many municipalities choose between …
Persistent link: https://www.econbiz.de/10014576565
This paper provides the first quantitative economic models of pharmacy benefit management regulation. The price … "rebate traps." Applicable types of regulation include rebate rules, such as the HHS rebate rule and the Insulin Act …
Persistent link: https://www.econbiz.de/10014247918
We analyze how information disclosure policy affects investment efficiency in non-cooperative settings with information … investment returns exceed a predefined level. These policies include complete secrecy, in which players only observe rival …
Persistent link: https://www.econbiz.de/10013435110
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm … compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …
Persistent link: https://www.econbiz.de/10013477197
This paper examines the regulation of technological innovation direction under uncertainty about potential harms. We …
Persistent link: https://www.econbiz.de/10014635704
electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during …
Persistent link: https://www.econbiz.de/10014468287
This paper addresses the impact on investment incentives of the network sharing arrangements mandated by the … Telecommunications Act of 1996, with a focus on the implications of irreversible investment. Although the goal is to promote competition … network services, which creates a significant investment disincentive …
Persistent link: https://www.econbiz.de/10012468396
We examine the performance attributes of a merchant transmission investment framework that relies on market driven …' transmission investment to provide the infrastructure to support competitive wholesale markets for electricity. Under a stringent … set of assumptions, the merchant investment model has a remarkable set of attributes that appear to solve the natural …
Persistent link: https://www.econbiz.de/10012469168