This paper analyzes price competition in a duopoly a la H. Hotelling in which perfectly and different types of imperfectly informed consumers coexist. If some consumers don't observe prices, the equilibrium price tends to rise above the full information level; moreover, price dispersion can...

New technologies are deeply transforming the broadcasting industry. What we have seen so far is only the beginning of a long story. Inevitably, industry regulations must adapt, which means that a wide-ranging rethink of current practices is required. In order to assess the likely evolution of...

We study the interaction between a ?rm that invests in research and, if successful, undertakes a practice to exploit the innovation, and an enforcer that sets legal standards, ?nes and accuracy. In innovative industries deterrence on actions interacts with deterrence on research. A per-se...

A dominant firm undertakes a given business practice that is regulated by an antitrust enforcer by the choice of a legal standard, fines and accuracy. In traditional industries the incumbent and technology are already established, while in innovative industries the successful innovator becomes...

In short interviews granted during the recent FEEM Gas Talks held in Milan on November 5-6, 2013, leading energy experts debate on European gas demand and supply and on the future of gas pricing and European gas governance, shedding light on a market characterized by growing uncertainty and...

In questo lavoro vengono affrontati in una prospettiva di "Law and Economics" alcuni temi relativi al disegno ottimale delle politiche di tutela della concorrenza. L'intervento antitrust, come la regolamentazione, trae motivo ispiratore dal manifestarsi del potere di mercato, ma, a differenza di...