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Platform Market Power
Bamberger, Kenneth A. - 2018
The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries that have been otherwise over–mature and...
Persistent link: https://www.econbiz.de/10012931991
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Coase and the Transaction Cost Approach to Regulation
Moszoro, Mariano; Spiller, Pablo T. - 2015
Early economic research on natural monopoly regulation focused on market failure -- pricing tariffs and externalities. While Coase's multi-tariff marginal cost pricing became the standard, his approach to externality regulation as a contractual issue shifted the debate to transaction costs, but...
Persistent link: https://www.econbiz.de/10014135213
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Utilities Included : Split Incentives in Commercial Electricity Contracts
Jessoe, Katrina - 2019
This paper quantifies a tenant-side "split incentives" problem that exists when the largest commercial sector customers … are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … exogenous variation in weather shocks to show that the largest firms on tenant-paid contracts use up to 14 percent less …
Persistent link: https://www.econbiz.de/10012866313
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Private and Social Incentives for Vertical Contract Disclosure
Liu, Qihong - 2013
We follow the framework in Arya and Mittendorf (2011) but extend their analysis by investigating supplier(s)' equilibrium choices of disclosure or confidentiality regarding their contract terms with the downstream retailers. In the case of a common supplier, we find that the unique SPNE is for...
Persistent link: https://www.econbiz.de/10013078509
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Utilities included : split incentives in commercial electricity contracts
Jessoe, Katrina; Papineau, Maya; Rapson, David - 2019
This paper quantifies a tenant-side "split incentives" problem that exists when the largest commercial sector customers … are on electricity-included property lease contracts causing them to face a marginal electricity price of zero. We use … exogenous variation in weather shocks to show that the largest firms on tenant-paid contracts use up to 14 percent less …
Persistent link: https://www.econbiz.de/10012031116
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Provider Selection and Renegotiation Incentive of Incomplete Contracts : Empirical Relevance on Public Work Procurement
Guccio, Calogero - 2010
presence of incomplete contracts, an excessive emphasis on the tendering rules, in absence of an efficient system of sanctions … and incentives, can induce firms to behave strategically: they will offer very low bids to be awarded the contract …
Persistent link: https://www.econbiz.de/10013149716
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Downtown curbside parking capacity
Arnott, Richard J.; Inci, Eren; Rowse, John - 2013
In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient)...
Persistent link: https://www.econbiz.de/10010291495
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Downtown curbside parking capacity
Arnott, Richard; Inci, Eren; Rowse, John G. - 2013
In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient)...
Persistent link: https://www.econbiz.de/10009691666
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Capped steam ahead : a case study among ship operators on a maritime ETS
Koesler, Simon; Achtnicht, Martin; Köhler, Jonathan Hugh - 2012
International shipping is an important emitter of greenhouse gases. The International Maritime Organization (IMO) is discussing different approaches to reduce maritime CO2 emissions, in particular market-based mechanisms. In this paper, we assess potential implications of a maritime emission...
Persistent link: https://www.econbiz.de/10009565796
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Downtown parking and traffic congestion : a diagrammatic exposition
Arnott, Richard; Inci, Eren; Rowse, John G. - 2012
Through an extended numerical example, this paper develops a diagrammatic analysis of steady-state parking and traffic congestion in an isotropic downtown and provides systematic policy analysis. Unlike our previous work, the model incorporates curbside parking, garage parking, and...
Persistent link: https://www.econbiz.de/10011513907