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The paper focuses on the cost characteristics of Internet technology and on the question whether there are monopolistic bottlenecks in Internet services which justify regulatory intervention into the market. The analysis is prompted by a discussion which followed the MCI and Worldcom merger in...
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the costs of banking regulation (and on the social value of making credit available to selected borrowers) incentivizes … regulation, rents and financial intermediation in five chapters, which can be broadly structured into two parts. …
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the costs of banking regulation (and on the social value of making credit available to selected borrowers) incentivizes … regulation, rents and financial intermediation in five chapters, which can be broadly structured into two parts. … dem Hintergrund der Public Choice-Theorie versucht die vorliegende Arbeit diesen Trend als Resultat politischer …
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In the 1980s and '90s many countries turned to the private sector to provide infrastructure and utilities, such as gas, telephones, and highways--with the idea that market-based incentives would control costs and improve the quality of essential services. But subsequent debacles including the...
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