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Dependent Controllers and Regulation Policies: Theory and Evidence
Guerriero, Carmine - 2006
This paper analyzes the effects of supervisors' (i.e., regulators and judges) selection rules on regulated prices. A checks and balances' regulatory review process strengthens the role of the judicial power and election increases the populism of implicitly motivated supervisors. Election arises...
Persistent link: https://www.econbiz.de/10010312360
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A compass to guide EU policy in support of business competitiveness
Erixon, Fredrik; Guinea, Oscar; Lamprecht, Philipp; … - 2022
The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176
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Relevant Market and Pricing Behavior of Regional Newspapers in the Netherlands
van Kranenburg, Hans L. - In: Vierteljahrshefte zur Wirtschaftsforschung 74 (2005) 3, pp. 73-84
Ziel der vorliegenden Untersuchung ist es, den Einfluss von Marktstruktur und anderen regionalen Einflussgrößen auf die Preise der Zeitungen für Abonnements und Anzeigen zu analysieren. Im Ergebnis zeigt sich insbesondere eine negative Korrelation von Konzentration und Zeitungspreisen. Die...
Persistent link: https://www.econbiz.de/10010377728
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The End of the Wheeling and Dealing
Sinn, Hans-Werner - In: CESifo Forum 09 (2008) 4, pp. 3-5
Persistent link: https://www.econbiz.de/10011695906
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The Causes of the Financial Crisis
Hellwig, Martin - In: CESifo Forum 09 (2008) 4, pp. 12-21
Persistent link: https://www.econbiz.de/10011695908
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A nélkülözjetetlen eszközök értelmezése és a postai szolgáltatások
Valentiny, Pál; Kiss, Károly Miklós - 2009
The existence and the use of the essential facilities doctrine was questioned in theory and in practice. Although the … doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance … the doctrine in competition polcy and regulation in the EU and Hungary. The next section is devoted to the controversies …
Persistent link: https://www.econbiz.de/10010494409
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Use of Long-term Auctions for Network Investment
McDaniel, Tanga; Neuhoff, Karsten - 2003
Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce resources and capture scarcity rent. Now long-term auctions are being introduced to guide future capacity expansion decisions. In our model the fraction of rights issued in the...
Persistent link: https://www.econbiz.de/10011325061
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Investment Size and Firm's Value Under Profit Sharing Regulation
Moretto, Michele; Panteghini, Paolo M.; Scarpa, Carlo - 2003
In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm's investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm's start-up decision relative to a pure price cap...
Persistent link: https://www.econbiz.de/10011325118
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Regulated input price, vertical separation, and leadership in free entry markets
Matsumura, Toshihiro; Matsushima, Noriaki - 2012
We examine incentives of bottleneck facility holders to manipulate access charge accounting in free entry downstream markets. We consider the situation wherein one firm holds an upstream bottleneck facility and new entrants use it at the regulated price (access fee) to provide final products....
Persistent link: https://www.econbiz.de/10010332450
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Regulation of Cost and Quality under Yardstick Competition
Tangerås, Thomas P. - 2002
This paper analyses simultaneous regulation of cost and quality when firms have private, correlated information about …
Persistent link: https://www.econbiz.de/10010334894