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We investigate the effect of an EU-wide consumer protection regulation on consumer trust as well as consumer behavior. The Unfair Commercial Practice Directive (UCPD) was implemented by EU member states between 2007 and 2010. We utilize data from the Special and Flash Eurobarometer for the years...
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Im Dezember 2013 wurde die Markttransparenzstelle für Kraftstoffe in Betrieb genommen. Jetzt stellt sich die Frage, ob die Einführung tatsächlich zu einer Intensivierung des Wettbewerbs auf dem Tankstellenmarkt beigetragen hat. Die hier vorgestellte Analyse beruht erstmals auf umfassenden...
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We examine how different pass-through rates, from input- to final consumer prices, and different vertical contracts affect upstream market definition. Our theory model predicts that, under reasonable conditions, higher pass-through rates lead to definitions of larger upstream markets. Data...
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