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regulatory barriers to competition in non-manufacturing sectors on all industries, through intermediate inputs. The paper … regulation data are integrated with the annual energy, transport and communication regulation (ETCR) indicator and what sector …
Persistent link: https://www.econbiz.de/10011577777
regionalization could potentially address both these challenges. Regional integration of regulation, combined with regionalization of …
Persistent link: https://www.econbiz.de/10010358801
This paper explores consequences of consumer education on prices and welfare in retail financial markets when some consumers are naive about shrouded add-on prices and firms try to exploit it. Allowing for different information and pricing strategies we show that education is unlikely to push...
Persistent link: https://www.econbiz.de/10010337570
pay to the infrastructure manager for access to the tracks and how these charges change with increased competition in the … prices per kilometer and increases total output in train kilometers. The regulatory agency reacts to more competition with a … competition in the freight and/or passenger segment is ambiguous and depends on the level of competition. Finally, social welfare …
Persistent link: https://www.econbiz.de/10013069290
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10013118774
is sufficiently well informed about consumer and firm behavior. -- bounded rationality ; competition ; regulation …
Persistent link: https://www.econbiz.de/10009516903
This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures …. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and … supporting the idea that the reform had a positive average effect and increased banks competition intensity during a few years …
Persistent link: https://www.econbiz.de/10012584137
developing country is the creation of competition - or, alternatively, avoiding the creation or preservation of monopoly power …. In seaports a crucial distinction is often that between intraport and interport competition; in freight railways, between … competition among train operating companies over a monopoly track and competition among vertically integrated railways. In both …
Persistent link: https://www.econbiz.de/10013156696
The research investigates the different policies for the development of rail transport infrastructures in Europe. The effects on the competitiveness of the different national rail supply industries are evaluated
Persistent link: https://www.econbiz.de/10013109892