Western Balkan countries (WBC). The purpose is to examine whether the existence of regulation, as an institutional … effects of regulation and some other factors with crucial influence on the differences between Serbian and other WBC … by the existence of legal regulation, competition, and other factors. All results implicate the necessity of regulatory …

increases competition but come at the cost of lost vertical economies. Generally, we find that regulation that affects only the …. Regulation, however, that adversely affects the incumbent directly, like ownership unbundling, decreases aggregate investment …

between 2002 and 2005. Our approach is based on the fact that regulation changes incentives for firms and therefore their … market behavior. In the absence of any regulation, firms would choose profit-maximizing prices on their residual demands so … that the observed gap between optimal and actual prices provides a measure of the effect of regulation. Our results …

role for antitrust challenges to PH laws and similar anticompetitive state regulation. If states wish to reduce the social …

prudential regulation, its impact must be calibrated against systemic performance benchmarks. Finally, the paper focuses on some …

to minimize the energy consumption the regulation and the chilled air production is simulated with the software TRNSYS …