Kultur, Verkehr oder öffentliche Daseinsvorsorge: Der Staat nimmt bei einer ganzen Reihe von Produkt- und Dienstleistungsgruppen eine aktive Rolle in der Preisbildung ein. Ohne diese staatliche Einflussnahme auf die Preise wäre der harmonisierte Verbraucherpreisindex am aktuellen Rand ganze...

As China has become a new photovoltaic (PV) deployment center since 2013, it is necessary to study the effectiveness of PV policies, namely Feed-in Tariffs (FIT) and Tradable Green Certificates (TGC). In literature, there is a lack of comparative study on FIT and TGC policy in China. The purpose...

The paper explores the unique approaches to IP protection in the countries belonging to the Organisation Africaine de la Propriété Intellectuelle/African Intellectual Property Organization (OAPI) and the Middle East and North Africa (MENA) regions; the limited extent to which legal and policy...

We consider a joint inventory and pricing problem with one warehouse and multiple stores, in which the retailer makes a one-time decision on the amount of inventory to be placed at the warehouse at the beginning of the selling season, followed by periodic joint replenishment and pricing...

To prevent firms from manipulating prices, U.S. regulators set price ceilings for open-market share repurchases. We find that market-structure reforms in the 1990s and 2000s dramatically increased share repurchases because they relaxed constraints on issuers seeking to compete with other traders...

We give a thorough analytic characterization of a large class of sticky-price models where the firm’s price setting behavior is described by a generalized hazard function. Such a function provides a tractable description of the firm’s price setting behavior and allows for a vast variety of...

We report an experiment contrasting the impacts of a tax and a cap rule in a single-product market with two privately-informed buyers. We discuss the effects on choice set and consumer surplus. The policy environment varies across treatments. With regulations, we aim to halve the size of the...