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Indirect taxation, public pricing and price cap regulation : a synthesis
Valentini, Edilio - 2015
between price cap regulation, welfare maximization, welfare improvements, distributional preferences and poverty reduction and …
Persistent link: https://www.econbiz.de/10010466291
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Incentive Price Regulation in Presence of Cost Heterogeneity : Some Considerations on the Basis of Price Regulation of the Water Service in Italy
Stroffolini, Francesca - 2014
This work draws on the analysis of price regulation of water services in Italy, the so-called Metodo Normalizzato, to … the service provider; its purpose is to identify the features that a regulatory mechanism, based on the Price Cap, should …
Persistent link: https://www.econbiz.de/10013054954
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Regulation of price increases
Ridley, David B.; Zhang, Su - 2016
U.S. federal and state governments rarely regulate healthcare price levels, but do regulate price changes for … pharmaceuticals, hospitals, and health insurance. Previous research showed that limiting price increases can raise launch prices and … price increases can have the opposite effect, that is, launch prices fall while profit and social welfare rise. Ironically …
Persistent link: https://www.econbiz.de/10011617425
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Supply Side Incentives
Frischmann, Brett M. - 2012
This chapter considers the relationship between nondiscrimination rules and supply-side incentives to invest in infrastructure. We encountered the issue throughout chapter 6. This chapter frames and evaluates the oft -made claim that government-imposed commons management will significantly...
Persistent link: https://www.econbiz.de/10013103282
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The Economics of Credit Rating Agencies
Sangiorgi, Francesco - 2018
support for unsolicited ratings in recent years as illustrating the theory of the second best. We explore the impact of …
Persistent link: https://www.econbiz.de/10012932453
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Efficient Mercantilism? Rent Seeking under Leviathan : Buchanan and Tullock Meet Olson and Ramsey
Congleton, Roger D.; Lee, Sanghack - 2009
The economics literature on mercantilism tends to emphasize gold hoarding and external barriers to trade as defining characteristics. However, medieval institutions included a host of internal barriers to trade as well as external ones. High offices were often for sale as were monopoly...
Persistent link: https://www.econbiz.de/10014222372
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On Optimal Legal Change, Past Behavior, and Grandfathering
Shavell, Steven - 2007
When is it socially advantageous for legal rules to be changed in the light of altered circumstances? In answering this basic question here, a simple point is developed - that past compliance with legal rules tends to reduce the social advantages of legal change. The reasons are twofold:...
Persistent link: https://www.econbiz.de/10014053459
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Liability for Accidents
Shavell, Steven - 2005
This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how much care to exercise (at what speed to travel) to...
Persistent link: https://www.econbiz.de/10014061304
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Chapter 2 Liability for Accidents
Shavell, Steven - In: Handbook of law and economics : volume 1, (pp. 139-182). 2007
This is a survey of legal liability for accidents. Three general aspects of accident liability are addressed. The first is the effect of liability on incentives, both whether to engage in activities (for instance, whether to drive) and how much care to exercise (at what speed to travel) to...
Persistent link: https://www.econbiz.de/10014023514
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The Internet and the Network Neutrality Debate
Frischmann, Brett M. - 2012
This chapter explores how infrastructure theory applies to the Internet and in particular the network neutrality debate …
Persistent link: https://www.econbiz.de/10014167464