This honors thesis will examine current and theoretical "cap and trade" emissions trading schemes in an attempt to make recommendations on how to improve this regulated commodity market. The various control mechanisms available to regulators will be discussed: including allocation methodology,...

We study a retail benchmarking approach to determine access prices forinterconnected networks. Instead of considering fixed access charges asin the existing literature, we study access pricing rules that determinethe access price that network i pays to network j as a linear functionof the...

The U.S. Department of Justice, the European Commission, and the Organization for Economic Cooperation and Development have all recently voiced concern about international price- fixing cartels. The U.S. and European Union have increased prosecution of international cartels in the past decade,...

Long-term supply contracts often have ambiguous effects on the competitive structure, investment and consumer welfare in the long term. In a context of market building, these effects are likely to be worsened and thus even harder to assess. Since liberalization and especially since the release...

ENGLISH ABSTRACT: Delineating the relevant product and geographic market is an important first step in competition inquiries,as it permits an assessment of market power and substitutability. Critics often argue that market definitionis arbitrary and increasingly unnecessary, as modern...

Artículo de revista ; En este artículo se analizan dos estrategias novedosas de competencia en el sector bancario: la banca como servicio (banking-as-a-service) y la prestación de servicios más allá de la banca (beyond banking). Se argumenta que estos modelos de negocio emulan la...

This paper analyses “banking-as-a-service” and “beyond banking”, two emerging bank competition strategies. These business models are argued to emulate the transaction-based inroads that BigTechs have made into finance. But they entail new risks that call for adequate regulatory responses...

There is a growing trend to widespread privatisation of crop breeding, and there are groundsfor expecting this trend to continue and even to accelerate. Possible consequences forAustralian grain growers and the national interest of much greater private sector involvementin plant breeding are...

There is a considerable literature, albeit inconclusive, on whether workers in the nonprofit sector are paid less than their counterparts in the private and public sectors. For example, a large national study in the U.S. showed positive and negative differentials for some occupations and...