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The cost of regulatory compliance in the United States

Trebbi, Francesco; Zhang, Miao Ben; Simkovic, Michael - 2023

One of the key questions in the study of regulation is whether the costs of regulatory compliance fall homogeneously on …

Persistent link: https://www.econbiz.de/10014320686

Stock market returns, corporate governance and capital market equilibrium

Parigi, Bruno; Pelizzon, Loriana; Thadden, Ernst-Ludwig von - 2013

This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate governance affects the disutility of managerial effort and the possibility of managers to divert company resources. It shows that corporate governance affects firms’ stock...

Persistent link: https://www.econbiz.de/10010212666

Gasoline content regulation and compliance among US refineries

Chakravorty, Ujjayant; Nauges, Céline; Thille, Henry - 2012

link between gasoline content regulation and the compliance behavior of refineries. We find that in areas with more … stringent gasoline regulation, there was increased compliance on the part of firms. -- Clean Air Act ; compliance behavior … ; energy markets ; product regulation ; petroleum refining ; environmental pollution …

Persistent link: https://www.econbiz.de/10009659324

How much sunlight does it take to disinfect a boardroom? : a short history of executive compensation regulation

Dew-Becker, Ian (contributor) - 2008

This paper reviews the history of executive compensation disclosure and other government policies affecting CEO pay, and as well surveys the literature on the effects of these policies. Disclosure has increased nearly uniformly since 1933. A number of other regulations, including special taxes...

Persistent link: https://www.econbiz.de/10003749481

Regulating untaxable externalities : are vehicle air pollution standards effective and efficient?

Jacobsen, Mark R.; Sallee, James M.; Shapiro, Joseph S.; … - 2022

assess the effectiveness and efficiency of these standards, which are the centerpiece of US Clean Air Act regulation of …

Persistent link: https://www.econbiz.de/10013463693

Legislation, regulation and litigation : demand for U.S. legal services in historical perspective

Reshef, Ariell; Slattery, Cailin - 2025

with this, we find that employment and compensation of lawyers are tightly correlated with federal regulation, fee …

Persistent link: https://www.econbiz.de/10015197274

The welfare effects of mobile internet access : evidence from Roam-Like-At-Home

Quinn, Martin; Matos, Miguel Godinho de; Peukert, Christian - 2022

We evaluate the welfare effects of the Roam-Like-At-Home regulation, which drastically re-duced the price of accessing … impact of the regulation on different user segments. We estimate that around half of the gains stem from a reduction in … deadweight loss, i.e., new users accessing the mobile internet. We further show that the impact of the regulation varies with …

Persistent link: https://www.econbiz.de/10012888496

Ramsey pricing revisited : natural monopoly regulation with evaders

Besfamille, Martin; Figueroa, Nicolás; Guzmán, León - 2023

We consider a model featuring a single-product natural monopoly, which faces evaders, i.e., individuals that may not 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...

Persistent link: https://www.econbiz.de/10014414300

Prices vs. quantities with endogenous cost structure

Storrøsten, Halvor Briseid - 2014

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …

Persistent link: https://www.econbiz.de/10010238324

All-pay-all aspects of political decision making

Giebe, Thomas; Schweinzer, Paul - 2013

We study decision making processes with non-standard all-pay structures. We motivate this interest through a group of regulatory, political, legal, military, and economic applications where individual actions determine the consequences for a larger group or the public. The common features of...

Persistent link: https://www.econbiz.de/10009766675