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An important new dimension of the regulatory environment in banking and insurance is the explicit reliance on market discipline. Expectation: A transparent market will require less overt intervention by regulators (market participants themselves force appropriate behavior)...
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This paper argues that, despite important productivity gains, reforms have benefited consumers much less than expected in El Salvador. Antitrust legislation, consumer protection and an adequate regulation of privatized utilities are central ingredients of a successful market economy. Major...
Persistent link: https://www.econbiz.de/10010369198
Garantiert mehr Regulierung in der Agrar- und Ernährungswirtschaft einen verbesserten Verbraucherschutz oder ist die … »Marktlösung« der richtige Weg? Für Dr. Martin Wille, Staatssekretär im Bundesministerium für Verbraucherschutz, Ernährung und …, »durch Deregulierung und marktimmanente Anreize« den Verbraucherschutz erhöhen wollen. …
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Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
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