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This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas, and water and sanitation). Private investment can be encouraged by tackling regulatory uncertainty in many areas. To this end, recent initiatives include a new regulatory...
Persistent link: https://www.econbiz.de/10005046170
This paper deals with the concept of happiness in economics. Of late there has come into life a branch of <italic>happiness economics</italic> and it is this field that will be our concern. Actually, not only economists are interested in quantifications of happiness but also researchers in other disciplines....
Persistent link: https://www.econbiz.de/10010990855
This paper explores Scitovsky’s contribution to behavioral economics and examines in particular the changes his theory based on the findings of human brain psychophysiologists has brought to choice theory. The evidence here gathered points out how Scitovsky was making his suggestions for an...
Persistent link: https://www.econbiz.de/10008540694
later, evidence is mounting that consumer satisfaction with household utilities is quite uneven. Moreover, governments … may be less satisfied than those from other backgrounds. To attend to this, instances of demand-side regulation have been … their satisfaction. This article contrasts consumers’ stated and revealed preferences for three major household utility …
Persistent link: https://www.econbiz.de/10011258751
We review literature examining the effects of laws and regulations that require public disclosure of information. These requirements are most sensibly imposed in situations characterized by misaligned incentives and asymmetric information between, for example, a buyer and seller or an advisor...
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