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This paper studies theoretically and empirically competition in commodity taxation and product market regulation … taxes finance public goods, and product market regulation affects both the number of firms in the market and product … commodity taxation and product market regulation are interdependent policies. We find absence of strategic interaction in …
Persistent link: https://www.econbiz.de/10011615900
In this paper, we argue that the joint use of ex-ante regulation and ex-post liability rules is efficient when there … create a risk for the environment. Moreover, we suggest that a joint use of liability and regulation should more frequently …
Persistent link: https://www.econbiz.de/10011633479
applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … estimation of individual efficiencies for regulation purposes and beyond. …
Persistent link: https://www.econbiz.de/10011911995
The purpose of this paper is to nuance the widely held view that well-functioning institutions are the ultimate prerequisite for innovation and entrepreneurship. This is done by putting the spotlight on the role that formal and informal institutions have in serving the economic status quo,...
Persistent link: https://www.econbiz.de/10011917020
Ramsey-Boiteux prices and monopoly prices are frequently regarded as being similar. This might suggest that, in particular in network in- dustries with large fixed costs, sometimes monopoly pricing is close to the Ramsey-Boiteux second best and welfare superior to imperfectly regulated prices....
Persistent link: https://www.econbiz.de/10010264764
Information and communication technologies are transforming economies and societies around the world. In this respect, E-Commerce has the capability to build a new global economy. That is why government, industries, non-profit-organisations, trade unions and consumers would like to come together...
Persistent link: https://www.econbiz.de/10010270679
insufficient to alter the equilibrium strategy of firms. In consequence, regulation may do more harm than good and hence should …
Persistent link: https://www.econbiz.de/10010270758
This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. Resources allocated to R&D are limited and should therefore be used efficiently given the institutional and legal constraints. This paper presents efficiency scores based on an...
Persistent link: https://www.econbiz.de/10010271116
further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate … economic perspective and, consequently, do not warrant regulation or other drastic interventions (like breaking the company up …
Persistent link: https://www.econbiz.de/10011492570
stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …
Persistent link: https://www.econbiz.de/10013353383