In this paper we compare the costs of two regulatory policies about the entry of new firms. We consider an incumbent firm that has more information about the market demand than the regulator. Then, the incumbent firm can use this advantage to persuade the regulator to make entry more difficult....

Genetic tests can be expected to produce a large amount of economically important information in the future. What are the effects on a life insurance market if more information becomes available over time, for individuals and possibly also for insurers? Should people buy insurance before or...

Este artigo verifica o cumprimento da Lei do Preço Único (LPU) em mercados separados espacialmente, utilizando o enfoque de co-integração. Foram considerados os preços das cestas básicas nas quatro capitais da região Sudeste do Brasil. O teste de raiz unitária mostra que estas são...

This study analyzes spatial integration in the arabica coffee market of the two main producer states in Brazil. The results of the Dickey-Fuller Augmented (DFA) unit root test show that all price series are integrated of first order, I(1). The results of the Johansen co-integration test suggest...