Showing 11 - 20 of 133,044
regionalization could potentially address both these challenges. Regional integration of regulation, combined with regionalization of …
Persistent link: https://www.econbiz.de/10010358801
This paper explores consequences of consumer education on prices and welfare in retail financial markets when some consumers are naive about shrouded add-on prices and firms try to exploit it. Allowing for different information and pricing strategies we show that education is unlikely to push...
Persistent link: https://www.econbiz.de/10010337570
pay to the infrastructure manager for access to the tracks and how these charges change with increased competition in the … prices per kilometer and increases total output in train kilometers. The regulatory agency reacts to more competition with a … competition in the freight and/or passenger segment is ambiguous and depends on the level of competition. Finally, social welfare …
Persistent link: https://www.econbiz.de/10013069290
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
This paper explores consequences of consumer education on prices and welfare in retail financial markets when some consumers are naive about shrouded add-on prices and firms try to exploit it. Allowing for different information and pricing strategies we show that education is unlikely to push...
Persistent link: https://www.econbiz.de/10010982092
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009359868
econometric exercise we illustrate the potential of regulation as an explanatory variable for competition. …The aim of this paper is to describe product market competition in the Belgian economy for the period 1997]2004 and to … illustrate some causality with market regulation. The analysis is held at the industry level, for selected manufacturing and …
Persistent link: https://www.econbiz.de/10008565897
procedures, internationalisation needs to be fostered, and competition strengthened. In addition, the negative impact of the …
Persistent link: https://www.econbiz.de/10011276814
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10013118774