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. Small, less productive, entrepreneurs, facing high entry costs, start informally, waiting to become more productive before …
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We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and …
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This paper examines the publication of quality indicators in service markets with public finance systems, such as education and healthcare markets. We provide a spatial model of product differentiation in which the reporting of such indicators increases consumers’ decision weight on quality...
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