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Net Neutrality on the Internet: A Two-sided Market Analysis

Economides, Nicholas; Tåg, Joacim - NET Institute - 2007

We discuss the benefits of net neutrality regulation in the context of a two-sided market model in which platforms sell … Internet. When access is monopolized, we find that generally net neutrality regulation (that imposes zero fees “on the other …

Persistent link: https://www.econbiz.de/10005760651

The Rise and Fall of Festivals: Reflections on the Salzburg Festival

Frey, Bruno S. - Institut für Volkswirtschaftslehre, …

The paper takes a closer look at cultural festivals such as musical or operatic festivals. From an economic viewpoint the paper shows that such festivals offer great artistic and economic opportunities, but that at the same time these opportunities are also easy to destroy. Empirical evidence...

Persistent link: https://www.econbiz.de/10005760910

Incentives for Sabotage in Vertically Related Industries

Mandy, David M.; Sappington, David E. M. - Economics Department, University of Missouri - 2004

We show that the incentives a vertically integrated supplier may have to disadvantage or "sabotage" the activities of downstream rivals vary with both the type of sabotage and the nature of downstream competition. Cost-increasing sabotage is typically profitable under both Cournot and Bertrand...

Persistent link: https://www.econbiz.de/10005760932

Labour Market Regulation, Productivity-Improving R&D and Endogenous Growth

Palokangas, Tapio - Institute for the Study of Labor (IZA) - 2003

rents and the government can support unions by labour market regulation. We show that if unions are initially very strong …, regulation increases only the workers’ profit share and has no impact on employment and growth. Otherwise, regulation increases … faster. Regulation (deregulation) is desirable when the growth rate is below (above) some critical level. …

Persistent link: https://www.econbiz.de/10005762381

From regulation to free market: the experience of the European motor insurance market

Scalera, Domenico; Zazzaro, Alberto - Dipartimento di Scienze Economiche e Sociali, Facoltà … - 2004

decreasing investments in monitoring and increasing compensation costs. Therefore, the transition from regulation to competition …

Persistent link: https://www.econbiz.de/10004990555

Are standards Effective in Improving Automobile Fuel Economy?

Clerides, Sofronis; Zachariadis, Theodoros - University of Cyprus Department of Economics - 2006

There is an intense debate over whether fuel economy standards or fuel taxation is the more appropriate policy instrument to raise fuel economy and reduce CO2 emissions of cars. The aim of this paper is to analyze the impact of standards and fuel prices in new car fuel economy with the aid of...

Persistent link: https://www.econbiz.de/10004991227

The GMO Regulation in the EU and the Commercial Conflict with the United States

Lopez, Raul Compes; Carrau, Javier Guillem - European Association of Agricultural Economists - EAAE - 2002

The United States is the leading country in the application of biotechnology to agricultural methods. One of the principal reasons for this is the flexibility of its legislation on Genetically Modified Organisms (GMO). A significant part of its production of soya or corn is already genetically...

Persistent link: https://www.econbiz.de/10004991721

"Innocuous" Minimum Quality Standards

Garella, Paolo - Department of Economics, University of Crete - 2006

The present note shows that "innocuous" Minimum Quality Standards, namely below the lowest quality in a market, may have effects on equilibrium outcomes. Such a MQS reduces the incentive to invest in R&D by the quality-leading firm.

Persistent link: https://www.econbiz.de/10004994323

Measuring and regulating extreme risk

Nielsson, Ulf - In: Journal of Financial Regulation and Compliance 17 (2009) May, pp. 156-171

Purpose – The purpose of this paper is to discuss two important extensions to the well-known value-at-risk (VaR) methodology, namely extreme value theory (EVT) and expected shortfall (ES). Both of these extensions address the weaknesses of VaR, in particular the methodology's tendency to...

Persistent link: https://www.econbiz.de/10004994399

Competition issues in European banking

Casu, Barbara; Girardone, Claudia - In: Journal of Financial Regulation and Compliance 17 (2009) May, pp. 119-133

Purpose – The purpose of this paper is to assess the outcome of European Union (EU) deregulation and competition policies on the competitive conditions of the main EU banking markets. Design/methodology/approach – After a review of deregulation and competitition policies in the EU banking...

Persistent link: https://www.econbiz.de/10004994400