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This paper analyzes the monthly evolution of bank competition in Mexico from 2008 to 2019 using different measures …. Subsequently, we analyze whether the 2014 financial reform had an effect on some of our competition measures. We use ordinary and … supporting the idea that the reform had a positive average effect and increased banks competition intensity during a few years …
Persistent link: https://www.econbiz.de/10014236496
This Paper introduces optimal competition: the best form of competition in an industry that a competition authority can … competition outcome in an industry becomes more competitive as more money is spent in the industry, as the competition authority … puts less weight on producer surplus and more weight on employment. The relation between competition and entry costs is U …
Persistent link: https://www.econbiz.de/10005789187
Platforms operators act as private regulators to increase usage and maximize profits. Their goals depend on the development of the platform: overcoming the chicken-egg problem early on requires attracting platform participants while quality becomes more important later on. Private regulators...
Persistent link: https://www.econbiz.de/10009418797
insufficient to alter the equilibrium strategy of firms. In consequence, regulation may do more harm than good and hence should …
Persistent link: https://www.econbiz.de/10010270758
further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate … economic perspective and, consequently, do not warrant regulation or other drastic interventions (like breaking the company up … Amazon and the major publishers in the e-book market require competition policy action. The standard antitrust instruments …
Persistent link: https://www.econbiz.de/10011492570
stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …
Persistent link: https://www.econbiz.de/10013353383
industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher … for natural gas, are characterized by imperfect competition and increasing costs to develop new energy sources. As a …
Persistent link: https://www.econbiz.de/10003857130
We study how net neutrality regulations affect a high-bandwidth content provider's (CP) investment incentives in quality of services (QoS). We find that the effects crucially depend on network capacity levels. With limited capacity, as in mobile networks, prioritized delivery services are...
Persistent link: https://www.econbiz.de/10010412363
further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate … economic perspective and, consequently, do not warrant regulation or other drastic interventions (like breaking the company up … Amazon and the major publishers in the e-book market require competition policy action. The standard antitrust instruments …
Persistent link: https://www.econbiz.de/10011492143
The spread of distributed ledger technology (DLT) in finance could help to improve the efficiency and quality of supervision. This paper makes the case for embedded supervision, ie a regulatory framework that provides for compliance in tokenised markets to be automatically monitored by reading...
Persistent link: https://www.econbiz.de/10012861846