Narrow search
Showing 1 - 10 of 117
Cover Image
Capacity Choices in Liberalized Electricity Markets
Castro-Rodriguez, Fidel; Uribe, Marín; Luis, Pedro; … - C.E.P.R. Discussion Papers - 2001
absence of any regulation, private investment decisions on capacity unambiguously lead to a socially sub-optimal outcome, and …
Persistent link: https://www.econbiz.de/10005792333
Cover Image
Exclusive Contracts and Market Power: Evidence from Ocean Shipping
Uribe, Marín; Luis, Pedro - C.E.P.R. Discussion Papers - 2001
There is a substantial theoretical literature on the potential effects of loyalty contracts, but a relative paucity of empirical work. This Paper employs the event study methodology to examine the effect of exclusionary contracts on firm performance in the ocean shipping industry. Shipping...
Persistent link: https://www.econbiz.de/10005497855
Cover Image
Hospital Competition and Quality with Regulated Prices
Brekke, Kurt Richard - 2010
We analyse the effect of competition on quality in hospital markets with regulated prices, considering both the effect of (i) introducing competition (monopoly versus competition) and (ii) increasing competition through lower transportation costs (increased substitutability) or a higher number...
Persistent link: https://www.econbiz.de/10013152862
Cover Image
Strategic Bidding in Electricity Pools with Short-Lived Bids: An Application to the Spanish Market
García-Díaz, Antón; Uribe, Marín; Luis, Pedro - C.E.P.R. Discussion Papers - 2000
We generalize von der Fehr and Harbord's (1993) multi-unit auction model for the case of a deterministic demand allowing for any technology mix and elastic demand in order to account for demand side bidding. We obtain a general characterization of the equilibrium and show that the Cournot model...
Persistent link: https://www.econbiz.de/10005789069
Cover Image
Reference Pricing with Endogenous Generic Entry
Brekke, Kurt Richard - 2015
. Allowing for price cap regulation, we show that the negative effect on generic entry can be reversed, and that reference …
Persistent link: https://www.econbiz.de/10013024341
Cover Image
Competition and Quality in Regulated Markets with Sluggish Demand
Brekke, Kurt Richard - 2010
We investigate the effect of competition on quality in regulated markets (e.g., health care, higher education, public utilities), using a Hotelling framework, in the presence of sluggish demand. We take a differential-game approach, and derive the open-loop solution (providers choose the optimal...
Persistent link: https://www.econbiz.de/10013148292
Cover Image
Price Regulation and Parallel Imports of Pharmaceuticals
Brekke, Kurt Richard - 2014
This paper studies the effects of price regulation and parallel imports in the on-patent pharmaceutical market. First … prices. We show that the effects of price regulation crucially depend on whether the producer faces competition from parallel … imports. While parallel imports improve the bargaining position of the pharmacy, price regulation counteracts this effect and …
Persistent link: https://www.econbiz.de/10013060442
Cover Image
Regulation and Pricing of Pharmaceuticals : Reference Pricing or Price Cap Regulation?
Brekke, Kurt Richard; Grasdal, Astrid; Holmas, Tor Helge - 2021
-patent pharmaceuticals, replacing the existing price cap (PC) regulation. We estimate the effect of the reform using a product level panel … dataset, covering the drugs exposed to RP and a large number of drugs still under PC regulation in the time before and after … regulation in lowering drug prices, while the cross-price effect raises a concern about patent protection …
Persistent link: https://www.econbiz.de/10013316907
Cover Image
Reference Pricing of Pharmaceuticals
Brekke, Kurt Richard; Königbauer, Ingrid; Straume, Odd Rune - 2021
We consider a therapeutic market with potentially three pharmaceutical firms. Two of the firms offer horizontally differentiated brand-name drugs. One of the brand-name drugs is a new treatment under patent protection that will be introduced if the profits are sufficient to cover the entry...
Persistent link: https://www.econbiz.de/10013317373
Cover Image
Price Regulation and Parallel Imports of Pharmaceuticals
Brekke, Kurt Richard - 2015
This paper studies the effects of price regulation and parallel imports in the on-patent pharmaceutical market. In a … that the effects of stricter price regulation crucially depend on whether the producer faces competition from parallel … imports. While parallel imports improve the bargaining position of the distributor, price regulation counteracts this effect …
Persistent link: https://www.econbiz.de/10013017702