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Persistent link: https://www.econbiz.de/10005701966
network. Both marginal and average cost price regulation are considered … cases of bypass in the distribution of natural gas, and compare the welfare properties of regulation vs.\ the `laissez … is costly, but it reduces market power and increases the variety of goods available to consumers. Regulation is an …
Persistent link: https://www.econbiz.de/10005702578
, rather than moderate, policies are much more likely to participate in public meetings where regulation is determined. We also …
Persistent link: https://www.econbiz.de/10005702671
Due to recent European developments the question may no longer be if more competition should be introduced in the German water and sewerage sector. The issue rather is what kind of competition ought to be implemented. There are mainly three different approaches: Competition in the Market;...
Persistent link: https://www.econbiz.de/10005702781
It is no longer possible to understand public policy without focusing intensively on the public roles of the business sector. The world is awash in experimental private governance, from corporate codes of conduct, to demands for disclosure of private sector environmental and social impacts, to...
Persistent link: https://www.econbiz.de/10010733741
The US food industry faces tobacco-style lawsuits for providing misleading information about health risks linked to the consumption of fatty products. This paper investigates the link between alternative liability rules and the incentive for disclosing health information to consumers. We show...
Persistent link: https://www.econbiz.de/10010733803
The global financial crisis of 2007–2008 has given rise to new regulatory initiatives to put restrictions on the size and the term of bankers' pay. We revisit both theoretically and empirically the question of whether these regulations are justified. We model bonuses as a series of sequential...
Persistent link: https://www.econbiz.de/10010734434
Tolerance has the potential to affect both economic growth and wellbeing. It is therefore important to discern its determinants. We add to the literature by investigating whether the degree to which economic institutions and policies are market-oriented is related to different measures of...
Persistent link: https://www.econbiz.de/10010734774
national level require strengthening regulation at the European level, to avoid national capture and a resulting race to the …
Persistent link: https://www.econbiz.de/10010735749
This article examines potential cost reductions in the market for balancing power by pooling all four German control …
Persistent link: https://www.econbiz.de/10010735894