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On regulation and competition : pros and cons of a diversified monopolist
Scarpa, Carlo; Calzolari, Giacomo - 2009 - This version: June 2009
We study the regulation of a firm which supplies a regulated service while also operating in a competitive, unregulated … (with price and quantity competition) and optimal regulation that involves an informational externality to the competitors …. Although joint conduct of the activities generates scope economies, it also entails private information, so that regulation is …
Persistent link: https://www.econbiz.de/10008811378
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Digital platforms and antitrust
Parker, Geoffrey; Petropoulos, Georgios; Van Alstyne, … - 2020
market competition and regulation in addressing these concerns. Traditional (ex-post) antitrust intervention will be less …
Persistent link: https://www.econbiz.de/10012405498
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Monopolistic screening under learning by doing
Gärtner, Dennis - 2007
all, in a sense to be made precise. -- Asymmetric Information ; Learning by Doing ; Regulation …
Persistent link: https://www.econbiz.de/10003892452
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Infrastructure quality in deregulated industries : is there an underinvestment problem
Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2002 - [Elektronische Ressource]
We investigate how various institutional settings affect a network provider’s incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...
Persistent link: https://www.econbiz.de/10001729423
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On capturing oil rents with a national excise tax revisited
Rubio, Santiago J. - 2004
shown that the importing countries cannot use a tariff to capture monopoly rents if they are constrained to use open …
Persistent link: https://www.econbiz.de/10011606959
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Deregulating network industries : dealing with price-quality tradeoffs
Bühler, Stefan (contributor); Gärtner, Dennis (contributor) - 2004 - January 2004, revised October 2005
infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot … retail price and infrastructure quality relative to the integrated monopoly outcome increases welfare. Third, we argue that … ; deregulation ; investment incentives ; access charges ; regulation …
Persistent link: https://www.econbiz.de/10001957196
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On the role of access charges under network competition
Bühler, Stefan (contributor); Schmutzler, Armin (contributor) - 2005 - [Elektronische Ressource]
We aim to clarify the role of access charges under two-way network competition, employing a reduced-form approach. Retaining the key features of specific network competition models but imposing less structure, we analyze the impact of changes in access charges on linear and non-linear retail...
Persistent link: https://www.econbiz.de/10002521629
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A product-market theory of industry-specific training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2006
We develop a product market theory that explains why firms provide their workers with skills that are sufficiently general to be potentially useful for competitors. We consider a model where firms first decide whether to invest in industry-specific human capital, then make wage offers for each...
Persistent link: https://www.econbiz.de/10003387557
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Globalization and general worker training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2004 - [Elektronische Ressource]
We examine how globalization affects firms incentives to train workers. In our model, firms invest in productivity-enhancing worker training before Cournot competition takes place. When two separated product markets become integrated and are thus replaced with a market with greater demand and...
Persistent link: https://www.econbiz.de/10001957223
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A product market theory of worker training
Gersbach, Hans (contributor); Schmutzler, Armin (contributor) - 2003 - [Elektronische Ressource]
We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others’ trained employees and finally engage in imperfect product...
Persistent link: https://www.econbiz.de/10001729428