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between price cap regulation, welfare maximization, welfare improvements, distributional preferences and poverty reduction and …
Persistent link: https://www.econbiz.de/10010956048
between price cap regulation, welfare maximization, welfare improvements, distributional preferences and poverty reduction and …
Persistent link: https://www.econbiz.de/10011144575
with respect to a number of properties that characterize some types of price cap regulation. This paper reviews the … economic literature that explored such properties, showing that there is a strong parallelism between the price cap results …
Persistent link: https://www.econbiz.de/10011109582
The landmark Microsoft case raises challenging questions concerning antitrust remedies. In this Article, we propose a framework for assessing the costs and benefits of different remedies, particularly divestiture, in monopolization cases involving network industries. Our approach can assist a...
Persistent link: https://www.econbiz.de/10012752837
The Federal government has agreed in the coalition agreement 2009 on the objective "to limit global warming at two Degree Celsius and to maintain Germany's leadership role in climate protection." To achieve this objective the German CO2 emissions are to be reduced by 2020 at 40 percent relative...
Persistent link: https://www.econbiz.de/10008550487
There are a number of ethical issues in the area of international trade that affect managers. This article will address two ethical issues that have been almost totally neglected in the literature -- antidumping and sanctions. Antidumping laws are special interest legislation. Rather than...
Persistent link: https://www.econbiz.de/10005124913
The desirability of airport congestion pricing largely depends on whether dominant airlines otherwise fail to internalize their self-imposed congestion delays. Brueckner (2002) and Mayer and Sinai (2003) find (weak) statistically significant evidence of internalization. We replicate and extend...
Persistent link: https://www.econbiz.de/10005063528
economist. A conclusion is that the system explicitly excludes any use of price signals from its decisions. The paper then … summarises the problems which the exclusion of price information has given rise to. Because the UK planning system has … would make use of the information embodied in the price premiums of neighbouring parcels of land zoned for different uses …
Persistent link: https://www.econbiz.de/10005407858
The World Trade Organization, which came into existence at the conclusion of the Uruguay Round, is in charge of administering a plethora of new trade rules. The main thrust of the new rules is to reduce or abolish tariffs and quotas on a wide range of products. Some tariffs and quotas were...
Persistent link: https://www.econbiz.de/10005408063
We develop theoretical models of airport congestion with non-atomistic traffic and implement them empirically using data from twenty-seven major US airports to determine whether dominant airlines internalize or ignore self-imposed congestion. Estimates of minute-by-minute delay patterns at each...
Persistent link: https://www.econbiz.de/10005695943