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 …

This paper explores consequences of consumer education on prices and welfare in retail financial markets when some …

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 …

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 …

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 …

time, the commission cap is still welfare improving--whether combined with a toll or not. This confirms the effectiveness …

The economic crisis in the early 1990s prompted action on reforming the Swedish welfare state and its institutions …