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Dewatripont and Tirole (2024) defend the morality of markets on the ground of an irrelevance result: the social production of moral actions is independent from competitive pressure on markets. No matter how strong competitive pressure is, markets perform well in diffusing signals about moral...
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Government regulators often establish maximum prices for regulated services. This paper explains the proper economic principles for establishing such constraints. The principles imply a range - an upper limit and a lower limit - that constrain the regulator's discretion. Principles emerging from...
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Government regulators often establish maximum prices for regulated services. This paper explains the proper economic principles for establishing such constraints. The principles imply a range - an upper limit and a lower limit - that constrain the regulator's discretion. Principles emerging from...
Persistent link: https://www.econbiz.de/10014566174
petrol, but with substantially lower rates in high-income regions and in regions with a low degree of competition. More …-through estimates may obscure a high degree of spatial and temporal heterogeneity that bears upon the assessment of competition and … Diesel und 71 % für Benzin, wobei die Raten in Regionen mit hohem Einkommen und in Regionen mit geringem Wettbewerb deutlich …
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