on the interplay of auctions, industry dynamics, and regulation. This book collects essays on this topic by leading … conference. The essays show the interconnectedness of two important and productive areas of modern economics, auction theory and … regulation, a multidimensional approach yields important insights. The first essays discuss strategies of stimulating new …

The regulation of financial markets has for years been the domain of lawyers, legislators, and lobbyists. In this …

The regulation of financial markets has for years been the domain of lawyers, legislators, and lobbyists. In this …

We study the distortions to industrial organization caused by entry regulation. We take advantage of heterogeneity … affected by country-level entry regulation. In industries with high natural entry barriers, entry regulation has little impact …, countries with high entry regulation have relatively few, large firms. We find no relation between natural entry barriers and …