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This paper shows why and when a government responds to interest group’s pressure for protection in the election period. The result explains how free trade and protectionism succeed one another. The model considered is a two country differential game with both pro-protectionist interest groups...
Persistent link: https://www.econbiz.de/10010991782
Im April dieses Jahres überraschte Torsten Albig, Ministerpräsident des Landes Schleswig-Holstein, mit dem Vorschlag, zur Finanzierung der nötigen Infrastruktursanierung eine Sonderabgabe von allen Nutzern zur Wartung und zur Reparatur der Straßen zu verlangen. Ist dieser geplante...
Persistent link: https://www.econbiz.de/10010886103
This paper analyzes a profit-maximizing private airport with market power in providing aeronautical services. Our model implies that airports with ample capacity may voluntarily abstain from abusing their market power if non-aeronautical revenues are airports’ main source of income. In this...
Persistent link: https://www.econbiz.de/10010902428
Living downtown has advantages because it allows for a convenient access to a variety of shopping and leisure activities as well as disadvantages due to the difficulties in finding a parking spot when parking capacity is scarce. We formally model the trade-off in a vibrant city district between...
Persistent link: https://www.econbiz.de/10010957963
A welfare-maximizing Public Service Broadcaster (PSB) broadcasts both information-type and show-type content if (i) the information consumption of TV viewers generates external benefits for society by improving the ability of voters to control politicians and (ii) the marginal external benefits...
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This paper analyzes a non-congested private airport that possesses market power in providing aeronautical services. We find that the profit-maximizing landing fee decreases in the degree of complementarity of aviation and non-aviation. Furthermore, our model implies that airports will not take...
Persistent link: https://www.econbiz.de/10009211368