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This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as uninsurable" risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or can...
Persistent link: https://www.econbiz.de/10010276899
In this article we apply and extend the model elaborated by Acemoglu and Verdier in their seminal paper (2000), to examine how the economy represented in their theoretical framework responds to an exogenous change in the agent's incentive. In particular, we focus on the consequences of a famous...
Persistent link: https://www.econbiz.de/10010312266
We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell … Internet access services to consumers and may set fees to content and applications providers on the other side of the Internet …. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees on the other side of …
Persistent link: https://www.econbiz.de/10010320106
After the flooding in 2002 European governments provided billions of Euros of financial assistance to their citizens. Although there is no doubt that solidarity and some sort of assistance is reasonable, the question arises why these damages were not sufficiently insured. One explanation why...
Persistent link: https://www.econbiz.de/10010293403
Die langfristigen Klimaschutzziele sehen bis zum Jahr 2020 im Vergleich zu 2008 eine Senkung des Primärenergieverbrauchs um 20% vor, bis zum Jahr 2050 wird eine Senkung um 50% angestrebt. Zur Erreichung dieser Ziele stehen zunehmend Maßnahmen zur Steigerung nachfrageseitiger Energieeffizienz...
Persistent link: https://www.econbiz.de/10010309486
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
for the relationship between competition and regulation in these industries. A discussion of alternative regulatory rules …
Persistent link: https://www.econbiz.de/10010265429
Persistent link: https://www.econbiz.de/10011695673
Persistent link: https://www.econbiz.de/10011695674
This paper analyses how different types of access regulation to next generation networks affect investments and … regulatory holiday induces highest investments, followed by risk-sharing and long-run-incremental cost regulation. Risk …
Persistent link: https://www.econbiz.de/10010352102