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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 …
Persistent link: https://www.econbiz.de/10010282162
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 …
Persistent link: https://www.econbiz.de/10009359868
This paper explores consequences of consumer education on prices and welfare in retail financial markets when some …
Persistent link: https://www.econbiz.de/10010337570
strategies of firms, consumer protection and welfare. Our model allows firms to price discriminate between consumers. We show … that intervention may actually decrease social welfare and weaken consumer protection if regulatory efforts are … insufficient to alter the equilibrium strategy of firms. In consequence, regulation may do more harm than good and hence should …
Persistent link: https://www.econbiz.de/10010270758
This paper explores consequences of consumer education on prices and welfare in retail financial markets when some …
Persistent link: https://www.econbiz.de/10010982092
Regulators must understand basic principles of regulation, to explain with credibility their decissions, to asess the … informational constraints, bureaucratic and political ones. Debates on regulation are turning around the world more important …
Persistent link: https://www.econbiz.de/10008492792
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. …
Persistent link: https://www.econbiz.de/10011654039
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. …
Persistent link: https://www.econbiz.de/10011611274
procedures, internationalisation needs to be fostered, and competition strengthened. In addition, the negative impact of the …
Persistent link: https://www.econbiz.de/10011276814
its endeavour. In this respect, an EU competition policy that focuses on consumer welfare is one way to gain support by … the citizens of its member states. The Roaming Regulation that has reduced the mobile communications costs while … increase in consumer welfare (primarily by reducing prices) and that they protect the rights and interests of consumers. In the …
Persistent link: https://www.econbiz.de/10011796653