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network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare … investment to build up its network. Assuming a skewed distribution of consumers, our model leads to an asymmetric market … structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices …
Persistent link: https://www.econbiz.de/10010260943
Persistent link: https://www.econbiz.de/10001580859
by both high entry and high exit rates. …
Persistent link: https://www.econbiz.de/10011333271
Sunday shop opening is deregulated to the municipal level in the Netherlands. Despite positive effects on economic growth and employment, many municipalities restrict Sunday shop opening. Based on 2003 data we show that diverse local characteristics, like the size of municipalities and religious...
Persistent link: https://www.econbiz.de/10012734760
Sunday shop opening is deregulated to the municipal level in the Netherlands. Despite positive effects on economic growth and employment, many municipalities restrict Sunday shop opening. Based on 2003 data we show that diverse local characteristics, like the size of municipalities and religious...
Persistent link: https://www.econbiz.de/10011348350
-based competition, by fine-tuning access regulation, working as intended? What can one learn from the Dutch experience? As scale … to reassess the role of the government, on issues ranging from network neutrality to broadband penetration, universal … service, and security. The outcome of such an assessment could be incongruent with the blueprint of competition held on to by …
Persistent link: https://www.econbiz.de/10013128966
In housing markets with asymmetric information list prices may signal unobserved properties of the house or the seller. Asymmetric information is the starting point of many models for the housing market. In this paper, we estimate the causal effect of list-price reductions to test for the...
Persistent link: https://www.econbiz.de/10011380153
In housing markets with asymmetric information list prices may signal unobserved properties of the house or the seller. Asymmetric information is the starting point of many models for the housing market. In this paper, we estimate the causal effect of list-price reductions to test for the...
Persistent link: https://www.econbiz.de/10013038907
This paper tests for the presence of asymmetric information in Dutch car insurance among senior drivers using several non-parametric tests based on conditional-correlation approach. Since asymmetric information implies that more comprehensive coverage is associated with higher risk, we examine...
Persistent link: https://www.econbiz.de/10014150266