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Gegenüberstellung ergibt sich ein einfacher Vorschlag zur Verbesserung der europäischen Regulierung des mitgliedstaatlichen …
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countries. Will these developments improve economic performance in terms of creating jobs, fostering investment, and encouraging …
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Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing … significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …
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This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an … option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits … go beyond a given level. It is shown that a pure price cap and profit sharing are identical in their impact on investment …
Persistent link: https://www.econbiz.de/10011507879
investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a … total investment. We also evaluate the reduction in the firm s value due to profit sharing, linking this reduction to the …
Persistent link: https://www.econbiz.de/10011509471
This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory … nondiscrimination regulation that forces the ISP to provide an equal quality upgrade to both CPs, however, can reduce the ISP ….s investment incentive and social welfare. Furthermore, the investment level is higher if the regulated ISP is allowed to charge …
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This paper examines the investment incentives of market-based regulation, with focus on the technology characteristics … supply and strictly convex environmental damage, it is optimal to tax investment in technologies that induce large variance …
Persistent link: https://www.econbiz.de/10014296429