Similar Search Results

Regulation at home, competition abroad: A theoretical framework

Calzolari, Giacomo; Scarpa, Carlo - 2001

This paper analyses in a hidden characteristic set-up the design of the optimal price for a firm which is a monopolist at home but competes abroad against foreign firms. As long as diseconomies of scope are not too strong, the optimal price is identified. The price rule depends on the sign of...

Persistent link: https://www.econbiz.de/10011608801

Regulation under Financial Constraints

Gautier, Axel - 2002

This article studies the problem of regulating a monopolist with unknown marginal cost. The originality of the paper is to consider that the regulator faces a cash-in-advance constraint. The introduction of such a constraint not only reduces the amount of public good provided but also limits the...

Persistent link: https://www.econbiz.de/10010263052

Network Neutrality on the Internet: A Two-sided Market Analysis

Economides, Nicholas; Tåg, Joacim - 2008

We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell …. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees on the other side of … the market) increases total industry surplus compared to the fully private optimum at which the monopoly platform imposes …

Persistent link: https://www.econbiz.de/10010320106

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

The Economics of Mobile Telephone Regulation

Haucap, Justus - 2003

shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …

Persistent link: https://www.econbiz.de/10010263392

Moral Hazard, Market Power, and Second Best Health Insurance

Wigger, Berthold U.; Anlauf, Markus - 2002

Individual moral hazard engendered by health insurance and monopolistic production are both typical phenomena of drug markets. We develop a simple model containing these two elements and evaluate the market equilibrium on the basis of consumer and social welfare. The consumer welfare criterion...

Persistent link: https://www.econbiz.de/10010296968

Monopoly innovation and welfare effects

Yao, Shuntian; Gan, Lydia - In: Economics: The Open-Access, Open-Assessment E-Journal 4 (2010) 2010-27, pp. 1-21

In this paper we study the welfare effect of a monopoly innovation. Unlike many partial equilibrium models carried out …, the criticism against monopoly innovation based on its increased deadweight loss is less accurate than previously …

Persistent link: https://www.econbiz.de/10010302705

Monopoly with Resale

Calzolari, Giacomo; Pavan, Alessandro - 2003

This paper studies revenue-maximizing mechanisms for a monopolist who expects her buyers to resell in a secondary market. We consider two modes of resale: the first is to a third party who does not participate in the primary market; the second is inter-bidders resale, where the winner in the...

Persistent link: https://www.econbiz.de/10011325055

Does government precommitment promote environmental innovation?

Petrakis, Emmanuel; Xepapadeas, Anastasios P. - 1998

This paper investigates the effect of credibility of environmental policies on environmental innovation and welfare. When the government precommits to an emission tax, the monopolist's abatement effort is lower than if the environmental policy is at the government's discretion. Time consistent...

Persistent link: https://www.econbiz.de/10011608456

Competition In or For the Field: Which is Better

Engel, Eduardo; Fischer, Ronald; Galetovic, Alexander - 2002

to charge the monopoly price. This paper compares a Demsetz auction, which awards an exclusive contract to the agent …

Persistent link: https://www.econbiz.de/10010369246

1
2
3
4
5
6
7
8
9
10
Next
Last