This paper further develops the standard modelling of information exchange between firms in the presence of demand uncertainty which applies to firms in new industries and insecure regions or markets. We replace the normal distribution of the random variables, commonly used because of its...

English Abstract: This working paper includes a brief theoretical legal study on market regulation. It translates economic theories of sectoral market regulation into established concepts of administrative law. The legal methods employed for sectoral regulation and the corresponding types of...

English Abstract:The paper is a theoretical study on relations between economic regulation and competition law. Based on the classical welfare economics doctrine, it starts with a presentation of premises and aims of the discussed parts of legislation, such as market failures and market...