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Congestion has become a problem for many airports throughout the world. Two different policy options to control congestion are analyzed in this paper: slot constraints and congestion pricing. In particular, our model takes into account that the airline industry is characterized by significant...
Persistent link: https://www.econbiz.de/10008526891
This paper applies the general insights of liberalization of the electricity and gas market to the market conditions of a particularly important new Member State in the EU, Poland. To this end the aim of this paper is to explain the Polish experience of liberalizing its energy market by...
Persistent link: https://www.econbiz.de/10008526970
Persistent link: https://www.econbiz.de/10008527096
Persistent link: https://www.econbiz.de/10008527106
-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …
Persistent link: https://www.econbiz.de/10008529005
is evidenced by the growing popularity of risk based regulation and meta regulatory strategies. Given the presence of an … countering problems of risk regulation. It will approach these issues through an assessment of explanations put forward to … arisen in modern society. Theoretical models and hybrids of a responsive model of regulation such as Enforced self regulation …
Persistent link: https://www.econbiz.de/10008529221
Also published in "Regulation of Financial Institutions Journal CMBO" (December 2009). From the responses received from …
Persistent link: https://www.econbiz.de/10008529252
This paper presents results from a calibrated welfare model of the UK mobile telephony market which includes many mobile networks; calls to and from the fixed network; networkbased price discrimination; and call externalities. The analysis focuses on the short-run effects of adopting lower...
Persistent link: https://www.econbiz.de/10008529327
What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....
Persistent link: https://www.econbiz.de/10008530366
This paper surveys the formation and development of insurance business in Brazil. It describes its very first steps, from the colonial times and imperial era to recent events. Particular attention is given to regulatory changes, showing how they evolved in response to macroeconomic shocks that...
Persistent link: https://www.econbiz.de/10008530611