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is sufficiently well informed about consumer and firm behavior. -- bounded rationality ; competition ; regulation … inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …
Persistent link: https://www.econbiz.de/10009516903
inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …
Persistent link: https://www.econbiz.de/10013118774
its endeavour. In this respect, an EU competition policy that focuses on consumer welfare is one way to gain support by … the citizens of its member states. The Roaming Regulation that has reduced the mobile communications costs while … increase in consumer welfare (primarily by reducing prices) and that they protect the rights and interests of consumers. In the …
Persistent link: https://www.econbiz.de/10011796653
FTC's continuing leadership in consumer protection for Internet access• Competition and consumer protection in a changing … communications industry• Competition and consumer protection in a changing media industry …
Persistent link: https://www.econbiz.de/10012892717
Over the past decade, cost-benefit analysis in the field of financial regulation (“financial CBA”) has emerged as a … benefit analysis in the area of consumer financial regulation. This taxonomy reflects traditional market failures, cognitive … be considered state-of-the-art benefit analysis in consumer protection regulation in the years immediately following the …
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