Showing 1 - 10 of 12,604
vehicle industry, regulators should generally adopt a light-handed approach to regulation, encouraging a nationally …
Persistent link: https://www.econbiz.de/10014156522
In an industry where regulated firms interact with unregulated suppliers, we investigate the welfare effects of a merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private information of the merged firm. The optimal merger policy...
Persistent link: https://www.econbiz.de/10010358241
We incorporate arguments from the Tiebout model into the regulatory competition equilibrium and study cross-fertilization in the productivity growth of banks between those in a state and others in this state's neighboring states. Empirically, we focus on two time periods: before (i.e.,...
Persistent link: https://www.econbiz.de/10012856571
We examine empirically cross-fertilization in the productivity growth of banks between a state and its neighboring and non-neighboring states before (1971-1977) and during (1982-1995) the interstate multibank holding company (IMBHC) deregulations, upon which, cross-border bank M&As, mainly among...
Persistent link: https://www.econbiz.de/10013053554
Portuguese Abstract: A estrutura da internet é composta por códigos, os quais regem as relações dentro da rede. Apesar de desenvolvida para não ser regulada, a internet não está vinculada ao parâmetro pelo qual se deixava reger quando da sua criação. A neutralidade de rede não é um...
Persistent link: https://www.econbiz.de/10014139531
. First, sector-specific regulation can be used to address market failures, such as, for instance, the presence of bottlenecks … of this paper will be on ex ante regulation. There is indeed considerable debate regarding the regulatory framework …-handed approach to regulation. Pursuant to this view, the forthcoming postal directive should only provide for minimal regulatory …
Persistent link: https://www.econbiz.de/10014057544
. Typically, new services are not subject to specific regulation, owing to the risk that this would discourage investment and … intervention to date, an equally valid response is to question the effectiveness of existing regulation. Both new entrants and … benefits for customers and reducing the need for regulation; to assess the impact of public policy on incentives to invest in …
Persistent link: https://www.econbiz.de/10014074756
complementarity. -- competition ; complementarity ; concentration ; regulation, separation, substitutability. …
Persistent link: https://www.econbiz.de/10009381768
Self-interested agents produce information in an attempt to convince a principal to act on their behalf. Agents provide less informative evidence than the principal prefers since doing so maximizes the probability the principal acts in their favor. If the principal faces constraints that limit...
Persistent link: https://www.econbiz.de/10013081078
.C. Circuit recognized over twenty years ago: Complex regulation must still be credible regulation and any failure by the FCC to …
Persistent link: https://www.econbiz.de/10014073823