Showing 1 - 10 of 314
content can be expected to emerge. Hence, in the absence of any regulation, the sugar content of sugar-sweetened beverages …
Persistent link: https://www.econbiz.de/10013300862
characteristics. We first show how preferences that account for price and unit cost constrain the firm’s pricing power and profit …
Persistent link: https://www.econbiz.de/10013215662
We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly … breaks-even. With costly effort, the firm can deter evasion. Under unit demand and fixed quality, price is independent of …
Persistent link: https://www.econbiz.de/10013299243
pay the price. By exerting a costly effort, the firm can deter evasion. To maximize the total surplus, a regulator sets … the price, the level of deterrence effort, and socially costly transfers to ensure the monopoly's participation. We obtain … a modified Ramsey formula, which clearly shows that the mere existence of evaders dampens the use of the price as a mean …
Persistent link: https://www.econbiz.de/10014469391
We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly … breaks-even. With costly effort, the firm can deter evasion. Under unit demand and fixed quality, price is independent of …
Persistent link: https://www.econbiz.de/10013177626
prices appears to be less pronounced and amounts to 6.6% lower prices. Austria’s fuel price regulation seems to have been … price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level … and to protect them from sudden price fluctuations. Such regulations are already in place in several countries, but …
Persistent link: https://www.econbiz.de/10013250741
“Prices versus quantities” (Weitzman 1974), a hugely influential paper, is widely cited (and taught) in current debates about the best policy to reduce greenhouse gas emissions. The paper’s criterion for ranking policies suggests that technological uncertainty favors taxes over cap and...
Persistent link: https://www.econbiz.de/10012892252
transfer scheme called “gas price brake.” A unique feature of this energy price relief measure is that both households and the … industry receive a transfer that increases in one’s actual gas price. In a formal model, we show that such a transfer scheme … overcome this adverse effect of the gas price brake. An equivalent critique applies to the electricity price brake that is to …
Persistent link: https://www.econbiz.de/10014256244
We empirically assess the impact of the EU roaming regulation on mobile operators’ average revenues per user (ARPU) and … retail prices. Using a differences-in-difference approach, hedonic price regressions and detailed operator and plan …-level data we find that the regulation decreased mobile operator’s revenues per user, while it had no impact on tariffs during …
Persistent link: https://www.econbiz.de/10013216252
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …
Persistent link: https://www.econbiz.de/10013211736