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This paper addresses the issue of how to design the institutional structure of an industry which provides two differentiated products. One good is supplied by a regulated monopoly and the other is produced in a competitive (unregulated) segment. Two possible institutional patterns are compared....
Persistent link: https://www.econbiz.de/10010281510
This paper analyzes dynamic equilibrium risk sharing contracts between profit-maximizing intermediaries and a large … partial and full insurance can obtain, depending on the relative patience of agents and financial intermediaries. Insurance … contracts it immediately follows that without cost of switching financial intermediaries debt contracts are not sustainable …
Persistent link: https://www.econbiz.de/10010319185
factors could improve advice quality. Besides advisor competition and identifiability we add the possibility for clients to … identifiabilitiy (leading to several client-advisor interactions over the course of the game) or competition (allowing one advisor to …-telling under competition. …
Persistent link: https://www.econbiz.de/10011580425
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Frontmatter -- Vorwort -- Inhalt -- Abbildungsverzeichnis -- 1 Einleitung -- 2 Marktfunktionen und Marktprozesse: ein Überblick -- 3 Der Markträumungsprozess (M-Prozess) -- 4 Der Renditenormalisierungsprozess (R-Prozess) -- 5 Der Übermachterosionsprozess (Ü-Prozess) -- 6 Der...
Persistent link: https://www.econbiz.de/10014550508
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Intro -- Product Market Structure and Labor Market Discrimination -- Contents -- Tables -- Foreword -- Preface -- 1. The Influence of Market Structure on Labor Market Discrimination -- 2. Market Power and Racial Earnings: A Quantile Regression Approach -- 3. Product Market Structure and Gender...
Persistent link: https://www.econbiz.de/10013042058
This paper discusses the standard of proof in EU competition cases. It first strives to define the term "standard of …
Persistent link: https://www.econbiz.de/10013100630
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