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Legal Uncertainty – a Selective Deterrent

Lang, Matthias - Max-Planck-Institut zur Erforschung von … - 2014

I show that legal uncertainty, i.e., uncertainty about the legality of a specific action, has positive welfare effects. Legal uncertainty works as a screening device provided that the threshold of legality is uncertain. The uncertainty discourages controversial actions, while it encourages...

Persistent link: https://www.econbiz.de/10011106489

Proposals for a new audit liability regime in Europe

Ojo, Marianne - Volkswirtschaftliche Fakultät, … - 2009

The past few years have seen a growing trend towards the focus on audit liability. In the UK, the Company Law Reform Bill which became the Companies Act 2006, has removed the previously existing limits on auditor liability and compelled an agreement between the company and the auditor. As well...

Persistent link: https://www.econbiz.de/10008559056

Regulatory Choices and Commitment ; Challenges for Electricity Market Regulation in Kosovo

Kumkar, Lars - Institut für Weltwirtschaft (IfW) - 2002

state sovereignty for electricity regulation and a wide-reaching market opening for private investors and electricity …

Persistent link: https://www.econbiz.de/10005755163

The Failure of Northern Rock: A multi-dimensional Case Study

Congdon, Tim; Goodhart, Charles A.E.; Eisenbeis, Robert A. - 2009

limited by regulation largely to retail deposits and mortgages. Graphic television news pictures showed very long queues …

Persistent link: https://www.econbiz.de/10011689937

The failure of Northern Rock : a multi-dimensional case study

Bruni, Franco (ed.); Llewellyn, David T. (ed.) - 2009

limited by regulation largely to retail deposits and mortgages. Graphic television news pictures showed very long queues …

Persistent link: https://www.econbiz.de/10011705347

The Failure of Northern Rock - A Multidimensional Case Study

Eisenbeis, Robert Allen; Taylor, Michael William; … - SUERF - The European Money and Finance Forum

limited by regulation largely to retail deposits and mortgages. Graphic television news pictures showed very long queues … of regulation and supervision and in particular on the role of the central bank. He sets the context by explaining that …, at the time reforms were made in the United Kingdom to the institutional structure of financial regulation and …

Persistent link: https://www.econbiz.de/10004982519

E.T. and innovation - science fiction or reality? : an assessment of the impact of emissions trading on innovation

Gagelmann, Frank - 2003

schemes in the USA. The basic result from this review is that the innovation effects triggered by emissions trading have been …

Persistent link: https://www.econbiz.de/10010468976

Natural Gas Deregulation in the US : 1970-2000

Isser, Steve N. - 2018

This paper traces the process of deregulation in the US natural gas market in the 1970s and 1980s and the restructuring of the gas market in the 1990s. I review the politics behind deregulation and the actions of the FPC and FERC to first regulate the market and then implement the Natural Gas...

Persistent link: https://www.econbiz.de/10012918519

Product Market Competition and Economic Performance in the United States

Suppanz, Hannes - 2004

Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...

Persistent link: https://www.econbiz.de/10012444089

Network Structure and Design in the Deregulated U.S. Airline Industry : An Argument for Re-Regulation?

Hussain, Sayed A.; Bahçeci, Serkan - 2008

This paper develops a model to explain and analyze the evolution of network structure (connectivity) and design (flight frequency, aircraft size, prices) in the post-deregulation U.S. airline industry. We show that legacy carriers choice of Hub-and-Spoke networks and the emergence of low cost...

Persistent link: https://www.econbiz.de/10014214071