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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

Wettbewerb und Regulierung des Bahnmarktes

Götz, Georg; Pakula, Benjamin - In: Wirtschaftsdienst 91 (2011) 4, pp. 270-275

Die Wettbewerbssituation auf dem deutschen Bahnmarkt ist vielschichtig: Sowohl die verschiedenen Teilsegmente des Bahnmarktes als auch der intermodale Wettbewerb müssen berücksichtigt werden. Dabei besteht die Gefahr, die Wettbewerbsposition des gesamten Eisenbahnverkehrs gegenüber anderen...

Persistent link: https://www.econbiz.de/10010312915

Railway (De-)regulation in Germany

Knieps, Günter - In: CESifo DICE Report 03 (2005) 4, pp. 21-25

Persistent link: https://www.econbiz.de/10011696564

Railway (De-)regulation in EU Member States and the Future of European Rail

Scherp, J. - In: CESifo DICE Report 03 (2005) 4, pp. 26-33

Persistent link: https://www.econbiz.de/10011696565

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

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