inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …

inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …

This paper explores consequences of consumer education on prices and welfare in retail financial markets when some …

This paper explores consequences of consumer education on prices and welfare in retail financial markets when some …

procedures, internationalisation needs to be fostered, and competition strengthened. In addition, the negative impact of the …

the structure of markets, competition, and prices and costs of road transportation between urban hubs in Malawi … and control of access to loads by large brokers continue to negatively affect competition and efficiency. …

the structure of markets, competition, and prices and costs of road transportation between urban hubs in Malawi … and control of access to loads by large brokers continue to negatively affect competition and efficiency. …

processed food products. This paper relies primarily on firm-level interview data to assess competition and bottlenecks in …

This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can … competition outcome in an industry becomes more competitive as more money is spent in the industry, as the competition authority … puts less weight on producer surplus and more weight on employment. The relation between competition and entry costs is U …

processed food products. This paper relies primarily on firm-level interview data to assess competition and bottlenecks in …