Showing 41 - 50 of 114,861
my 2010 article, Privatization, Free Riding, and Industry-Expanding Lobbying, in the International Review of Law and …
Persistent link: https://www.econbiz.de/10013033332
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …
Persistent link: https://www.econbiz.de/10012155116
This paper deals with double lobbying: several bureaucrats participate in joint lobbying to get a high total … departmental budget, but they also engage in antagonistic lobbying to reap as high a share of the total budget as possible. The … antagonistic lobbying constitutes a contest among the bureaucrats. This paper characterizes the Nash equilibria in lobbying and …
Persistent link: https://www.econbiz.de/10011514012
Contests are well-established mechanisms for political lobbying, innovation, rentseeking, incentivizing workers, and …
Persistent link: https://www.econbiz.de/10012426931
Using a model of repeated agency, we explain previously unexplained features of the real-world lobbying industry …. Lobbying is divided between direct representation by special interests to policymakers, and indirect representation where … analytical structure allows us to explain several trends in lobbying. For example, using the observation that in the U.S. over …
Persistent link: https://www.econbiz.de/10011444131
This article describes a large number of contestants with high and low talent who individually decide to enter a contest or take their heterogeneous outside options. We derive a critical condition for which only high types, only low types, or both types participate in the contest. If a contest...
Persistent link: https://www.econbiz.de/10013056052
We consider contestants who must choose exactly one contest, out of several, to participate in. We show that when the contest technology is of a certain type, or when the number of contestants is large, a self-allocation equilibrium, i.e., one where no contestant would wish to change his choice...
Persistent link: https://www.econbiz.de/10011718621
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10010325731
We investigate the impact of consumer search and competition on pricing strategies in Germany's electricity retail. We … inverted U-shape effect of competition on price dispersion, consistent with theoretical findings by Janssen and Moraga …
Persistent link: https://www.econbiz.de/10011447766