After nearly six years of telecommunications "deregulation" in the United States, centering on the Telecommunications Act of 1996, there is little to which regulatory officials in charge of such deregulation can point in terms of benefits in the form of lower prices or innovative services. It is...

Dieser Beitrag gibt einen selektiven Überblick zu theoretischen Konzeptionen von Wettbewerbs- und Strukturpolitik. Anschließend wird die Wettbewerbs- und Strukturpolitik Österreichs vor und seit dem EU-Beitritt anhand eines "Ziele-Mittel-Träger" Konzeptes dargestellt. Eine Fallstudie zum...

In this paper we provide a cross-country comparison of occupational regulation in the European legal market. Although EU growth and assimilation has resulted in some degree of unity in regulation, significant differences remain in licensing restrictions and in the characteristics of the labor...

Is Internet an ideal model for a self-regulated economy? It seems possible to decentrely organize and render enforceable a property right system on which interindividual negotiations could be based. Moreover, traditional State intervention is no longer operable since Internet users can by pass...

Although antitrust courts sometimes stress the competitive process, they have not deeply explored what that process is. Inspired by the theory of the core, we explore the idea that the competitive process is the process of sellers and buyers forming improving coalitions. Much of antitrust can be...

Entry into licensed professions requires meeting competency requirements, typically assessed through licensing examinations. In the market for lawyers, there are large differences in the difficulty of the entry examination both across states and over time. The paper explores whether the number...

Entry into licensed professions requires meeting competency requirements, typically assessed through licensing examinations. This paper explores whether the number of individuals attempting to enter a profession (potential supply) affects the difficulty of the entry examination. The empirical...

We present a new welfare-based framework for optimally choosing legal standards in a variety of regulatory contexts. We formalise the decision-theoretic considerations widely discussed in the existing literature by capturing the quality of the underlying analysis and information available to a...

Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...

This study analyses the expansion of the EU into energy market regulation. It shows that the limits to EU influence and, thereby, EU energy market regulation for the internal energy market, begin where EU influence affects national interests with regard to ensuring energy security. This...