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broker therefore strategically sells partial information on consumers in order to soften competition between firms. Extending …
Persistent link: https://www.econbiz.de/10012914903
This paper studies unshrouding decisions in a framework similar to Gabaix and Laibson (2006), but considers an alternative unshrouding mechanism where the impact of advertising add-on information depends on the number of unshrouding firms. We show that shrouding becomes less prevalent as the...
Persistent link: https://www.econbiz.de/10010223577
We study how net neutrality regulations affect a high-bandwidth content provider's (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...
Persistent link: https://www.econbiz.de/10010412363
time, the commission cap is still welfare improving--whether combined with a toll or not. This confirms the effectiveness …
Persistent link: https://www.econbiz.de/10012842394
We study how net neutrality regulations affect a high-bandwidth content provider's (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...
Persistent link: https://www.econbiz.de/10013046060
costs and the intensity of competition. Our policy analysis demonstrates the perverse effects government imposed fairness …
Persistent link: https://www.econbiz.de/10014135548
threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in … decreases for firms above the threshold. Hence, legal uncertainty acts as a welfare enhancing screen and increases welfare …
Persistent link: https://www.econbiz.de/10011557794
public regulation, this can take the form of producing a more honest or better-behaved regulatory agent in a government that …
Persistent link: https://www.econbiz.de/10012775836
We develop a theory of safety regulation where product safety and consumer skills are negatively correlated. Demand and … suggest a novel type of regulation policy (two-dimensional regulation) …
Persistent link: https://www.econbiz.de/10012959955
. Although over the years traditional disclosure regulation has showed its limits, today algorithmic analysis gives room to more … effective forms of disclosure regulation. Therefore, the paper maintains that both regulators and antitrust authorities can use … these new forms of disclosure regulation to perform better their functions. Thanks to algorithmic analysis, (a) regulators …
Persistent link: https://www.econbiz.de/10012889522