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Thinking about Ronald Coase, economists generally refer to transaction and social costs, to the importance of property rights and institutions or to the Coase-theorem. Examine his work more closely, a common feature takes shape behind these ideas, the public utilities. The constant and detailed...
Persistent link: https://www.econbiz.de/10012290254
doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance … the doctrine in competition polcy and regulation in the EU and Hungary. The next section is devoted to the controversies …
Persistent link: https://www.econbiz.de/10010494409
Several decades of market opening has become a characteristic of network industries. Its main hindrances and aids has come into sight during this period. There is a need now to evaluate the process of market opening and to assess the steps to be taken. Market opening is usually measured by...
Persistent link: https://www.econbiz.de/10010494442
doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance … the doctrine in competition polcy and regulation in the EU and Hungary. The next section is devoted to the controversies … facilities, competition policy, regulation, postal services …
Persistent link: https://www.econbiz.de/10003919651
Thinking about Ronald Coase, economists generally refer to transaction and social costs, to the importance of property rights and institutions or to the Coase-theorem. Examine his work more closely, a common feature takes shape behind these ideas, the public utilities. The constant and detailed...
Persistent link: https://www.econbiz.de/10012011095
Persistent link: https://www.econbiz.de/10001304396
Persistent link: https://www.econbiz.de/10000761697
Persistent link: https://www.econbiz.de/10000720087
In this paper, we examine the cost of insurance against model uncertainty for the Euro area considering four alternative reference models, all of which are used for policy-analysis at the ECB. We find that maximal insurance across this model range in terms of a Minimax policy comes at moderate...
Persistent link: https://www.econbiz.de/10005345043
research project, titled "The Unexpected Consequences and Impacts of the Market Regulation", financed by the Hungarian …
Persistent link: https://www.econbiz.de/10010494596