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This paper studies unintended consequences of price cap regulation in the presence of demand externalities in the …
Persistent link: https://www.econbiz.de/10013081565
profits and study the firm's incentive to comply with it in an infinite-horizon game. Finally, we derive the price adjustment … path which follows the adoption of a PS rule in a price cap regulation. We show that the riskiness of the distribution of …
Persistent link: https://www.econbiz.de/10014059983
been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market price caps …, operating reserve requirements, non-price rationing protocols, and administrative protocols for managing system emergencies … when there are price-insensitive retail consumers, and their load serving entities can choose any level of rationing they …
Persistent link: https://www.econbiz.de/10014071869
In this article we analyse the problem of determining the price for new drugs in a market where a stringent budget … because it is only through research that it is possible to obtain better drugs. Our proposed method allows to set the price of …
Persistent link: https://www.econbiz.de/10014071880
Persistent link: https://www.econbiz.de/10013539236
. In response, the Hungarian government imposed a price cap on retail fuel prices from November 15, 2021 to December 6 …, 2022. This study empirically examines the effect of the elimination of the price cap on fuel prices. The aim is to … determine whether the removal of the price cap resulted in subsequent price increases. The study employed a synthetic control …
Persistent link: https://www.econbiz.de/10014637209
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institutions, price regulation with full information, price regulation with imperfect and asymmetric information, and topics on the … measurement of the effects of price and entry regulation in practice. The chapter also discusses the literature on network access …
Persistent link: https://www.econbiz.de/10014023494
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