A Posnerian Model of Entry into Regulated Markets.

In this paper we investigate why regulators may wish to open regulated markets to entry by unregulated firms. We adopt Posner's view of regulation as a taxation scheme, whereby regulators set high rates in some markets in order to subsidize other markets.

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Year of publication:	1996
Authors:	Chakravorti, B ; Spiegel, Y
Institutions:	Eitan Berglas School of Economics, Tel Aviv University
Subject:	REGULATION \| BUSINESS ORGANIZATION \| MONOPOLIES

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Series:	Tel Aviv - the Sackler Institute of Economic Studies.
Type of publication:	Book / Working Paper
Notes:	41 pages
Classification:	L51 - Economics of Regulation ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L43 - Legal Monopolies and Regulation or Deregulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005672111