Showing 1 - 10 of 2,897
Persistent link: https://www.econbiz.de/10011303061
Biodiversity provides essential services to human societies. Many of these services are provided as public goods, so that they will typically be underprovided both by market mechanisms (because of the impossibility of excluding non-payers from using the services) and by government-run systems...
Persistent link: https://www.econbiz.de/10011597991
Persistent link: https://www.econbiz.de/10001599889
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
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
. This paper offers a theoretical analysis of the dispute with the help of a model of a monopoly extracting a non …
Persistent link: https://www.econbiz.de/10010419928
This paper studies regulatory policy interventions aimed at protecting sticky consumers who are exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established firms are challenged by new...
Persistent link: https://www.econbiz.de/10012583369
Pricing strategies may include the advertising of meeting-the-competition clauses (MCCs). We show in a specific spatial model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of allowing for price discrimination between these...
Persistent link: https://www.econbiz.de/10003957044
This article analyzes competition between two asymmetric networks, an incumbent and a new entrant. Networks compete in non-linear tariffs and may charge different prices for on-net and off-net calls. Departing from cost-based access pricing allows the incumbent to foreclose the market in a...
Persistent link: https://www.econbiz.de/10008824512
We compare a range of energy efficiency policies in a durable good market subject to both energy-use externalities and price-quality discrimination by a monopolist. We find that the social optimum can be achieved with differentiated subsidies. With ad valorem subsidies, the subsidization of the...
Persistent link: https://www.econbiz.de/10010514000