Showing 1 - 10 of 62
This paper evaluates the effects of the lack of regulatory commitment on emission tax applied by the regulator … find that the lack of commitment leads to lower taxation and abatement that yield larger emissions and, consequently, a … social welfare. Thus, our analysis indicates that the lack of commitment has a negative impact of welfare although this …
Persistent link: https://www.econbiz.de/10011586850
Two of the main pillars of the EU waste collection policy are the Proximity Principle and Self-Sufficiency Principle. According to those, waste should be disposed as close as possible to where it has been produced. The effect of such provision is to increase the market power of local disposers,...
Persistent link: https://www.econbiz.de/10011451167
This paper provides a systematic study of the market for accountants in Italy during the period 1980-91. Firstly, it develops a comparison in the determinants of incomes of the two competing professions (Commercialisti and Ragionieri) focusing on entry as one of the main variables of interest to...
Persistent link: https://www.econbiz.de/10011608304
The paper deals with the regulation of professions in Italy. It is a very traditional system of regulation based on inputs control. This regulation is clearly excessive for most of the professions. In fact, market failures - both in terms of information asymmetries and externalities - do not...
Persistent link: https://www.econbiz.de/10011608310
The paper takes the viewpoint of the neoinstitutional theory of the firm to analyse Germany's voluntary Dual Management System for Packaging Waste Collection and Recycling (DSD); namely, its governance structure and its contractual relations with upstream and downstream firms. Two aspects...
Persistent link: https://www.econbiz.de/10011608641
Many voluntary agreements (VA's) fall under the European or Dutch cartel prohibition (Article 81 EC, Article 6 Mededingingswet). This paper starts with an abstract description of the relation between competition and environmental protection. Particular attention is paid to the role in this...
Persistent link: https://www.econbiz.de/10011608642
I model environmental overcompliance as a signalling device. In the model, a benevolent government may or may not …
Persistent link: https://www.econbiz.de/10011608640
We propose a simple theory of predatory pricing, based on scale economies and sequential buyers (or markets). The entrant (or prey) needs to reach a critical scale to be successful. The incumbent (or predator) is ready to make losses on earlier buyers so as to deprive the prey of the scale it...
Persistent link: https://www.econbiz.de/10010272465
The Commission's Guidance paper on exclusionary abuse under Article 82 EC is open to three fundamental criticisms. First, it leads to less legal certainty, because the rules suggested are vague and imprecise, because dominant companies will not have the information needed to apply them, and...
Persistent link: https://www.econbiz.de/10010279597
Leniency programmes reduce sanctions for law violators that self-report. We focus on their ability to deter cartels and organised crime in general by increasing incentives to "cheat" on partners. Moderate leniency programmes that reduce/cancel sanctions for the reporting party cannot affect...
Persistent link: https://www.econbiz.de/10011608606