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Gas Release and Transport Capacity Investment as Instruments to Foster Competition in Gas Markets
Chaton, Corinne; Gasmi, Farid; Guillerminet, Marie-Laure; … - Toulouse School of Economics (TSE) - 2010
Motivated by recent policy events experienced by the European natural gas industry, this paper develops a simple model for analyzing the interaction between gas release and capacity investment programs as tools to improve the performance of imperfectly competitive markets. We consider a regional...
Persistent link: https://www.econbiz.de/10008764516
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Eliciting the Regulation of an Economic System: The Case of the French Rail Industry
Ivaldi, Marc; Pouyet, Jérôme - Toulouse School of Economics (TSE) - 2010
Based on the modern theory of regulation, the analysis aims to characterize the effective economic regulation of the … French railway industry. The methodology consists in econometrically testing various scenarios of regulation and determining … operator (RO), SNCF, the two behavioral hypotheses of reference which we consider –absence of regulation of the rail operator …
Persistent link: https://www.econbiz.de/10008764520
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COMPETITIVENESS AND COMPETITION: THE NEED FOR A PRAGMATIC APPROACH
Pop, Napoleon; Dimitriu, Mihail - In: Studii Financiare (Financial Studies) 14 (2010) 3, pp. 133-146
starting point in rethinking the regulation of competition, rises the issue of the fundamental conditions which are defining … is a strong need for a type of regulation which has to be inclusive in a correct mix of public policies. Only a good …
Persistent link: https://www.econbiz.de/10008764572
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Regulatory impact assessment at the Bank of Italy
Cannata, Francesco; Libertucci, Massimo; Piersante, … - Banca d'Italia - 2010
attracting increased attention to the expected costs and benefits of such regulation; measures undertaken in response to the …
Persistent link: https://www.econbiz.de/10008764793
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Eliciting the Regulation of an Economic System: The Case of the French Rail Industry
Ivaldi, Marc; Pouyet, Jérôme - Institut d'Économie Industrielle (IDEI), Toulouse … - 2010
Based on the modern theory of regulation, the analysis aims to characterize the effective economic regulation of the … French railway industry. The methodology consists in econometrically testing various scenarios of regulation and determining … operator (RO), SNCF, the two behavioral hypotheses of reference which we consider –absence of regulation of the rail operator …
Persistent link: https://www.econbiz.de/10008764898
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Regulacion y fallas
Stiglitz, Joseph - In: Revista de Economía Institucional 12 (2010) July-December, pp. 13-28
justifications for regulation. However, incidents of market failure are more pervasive than recognized and underappreciated. Well …
Persistent link: https://www.econbiz.de/10008765015
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Financial regulation and risk management: addressing risk challenges in a changing financial environment
Ojo, Marianne - Volkswirtschaftliche Fakultät, … - 2009
regulation. It will approach these issues through an assessment of explanations put forward to justify the growing importance of … contributed to a change in the way financial regulation is carried out, an illustration of how the financial industry and the … approach to financial regulation have been transformed by the rapid growth of the hedge funds industry, will also constitute …
Persistent link: https://www.econbiz.de/10008765076
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Housing Supply
Gyourko, Joseph - In: Annual Review of Economics 1 (2009) 1, pp. 295-318
Research on housing supply has grown owing to improved data combined with heightened interest in policies such as local land use regulations. Heterogeneity in supply conditions across markets is shown to be essential to understanding the growing price dispersion across metropolitan areas, as...
Persistent link: https://www.econbiz.de/10008765257
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Fine-Tuning of Health Insurance Regulation - Unhealthy Consequences for an Individual Insurer
Schoder, Johannes; Sennhauser, Michele; Zweifel, Peter - In: International Journal of the Economics of Business 17 (2010) 3, pp. 313-327
This paper sheds light on some unexpected consequences of health insurance regulation that may pose a big challenge to …
Persistent link: https://www.econbiz.de/10008773654
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Supramonopoly: Theory and Evidence from the US Air Passenger Service Markets
Luo, Jin; Lee, Li Way - In: International Journal of the Economics of Business 17 (2010) 3, pp. 405-426
A supramonopoly is the market structure of a homogeneous good that is priced higher than the monopoly level. We present evidence of supramonopoly in the US air passenger service. For four airline mergers during the period of 1993 to 2009, we identify routes that dropped fares for no other reason...
Persistent link: https://www.econbiz.de/10008773663