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We examine two episodes of strategic interaction in the U.K. betting industry: (i) Betfair (an entrant multi-sided platform, or MSP) vs. Flutter (also an MSP), and (ii) Betfair vs. traditional bookmakers. We find that although Betfair was an underfunded second mover in the betting exchange...
Persistent link: https://www.econbiz.de/10012019905
This study compares energy and emission taxes used to control pollution and provide incentives for the adoption of an advanced abatement technology in a Cournot oligopoly. We examine multistage games where the government may intervene in order to maximize social welfare by setting an...
Persistent link: https://www.econbiz.de/10011540791
The purpose of this paper is to demonstrate that, all else being equal, for the case of Italy, tourist areas tend to have a greater amount of crime than non-tourist areas in the long run. Following the literature of the economics of crime à la Becker (1968) and Ehrlich (1973) and using a system...
Persistent link: https://www.econbiz.de/10010307822
The purpose of this paper is to demonstrate that, for the case of Italy, ceteris paribus, tourist areas tend to have a greater amount of crime than non-tourist ones in the short and long run. Following the literature of the economics of crime à la Becker (Crime and Punishment: An Economic...
Persistent link: https://www.econbiz.de/10010309603
This paper investigates residents' preferences of investment in cruise tourism, taking its externalities into full … influence residents' perceptions about investing in cruise tourism. Potential positive and negative externalities produced by … components, and if they believe this activity to exert positive welfare, cultural and social externalities. Conversely, residents …
Persistent link: https://www.econbiz.de/10010310644
heterogeneity in competition is easily measured. I develop and estimate a matching model with externalities, where the value of a …
Persistent link: https://www.econbiz.de/10012943206
This paper investigates residents' preferences of investment in cruise tourism, taking its externalities into full … influence residents' perceptions about investing in cruise tourism. Potential positive and negative externalities produced by … components, and if they believe this activity to exert positive welfare, cultural and social externalities. Conversely, residents …
Persistent link: https://www.econbiz.de/10010954787
The purpose of this paper is to demonstrate that, for the case of Italy, ceteris paribus, tourist areas tend to have a greater amount of crime than non-tourist ones in the short and long run. Following the literature of the economics of crime à la Becker (Crime and Punishment - An Economic...
Persistent link: https://www.econbiz.de/10009492769
The purpose of this paper is to demonstrate that, all else being equal, for the case of Italy, tourist areas tend to have a greater amount of crime than non-tourist areas in the long run. Following the literature of the economics of crime à la Becker (1968) and Ehrlich (1973) and using a system...
Persistent link: https://www.econbiz.de/10009646518
- violates the assumption of the independence of batting outcomes. In this paper we identify two possible hitting externalities …
Persistent link: https://www.econbiz.de/10014068227