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Disclosure deregulation of quarterly reporting

Behrmann, Vanessa; Hornuf, Lars; Zimmermann, Jochen - 2021 - This version: October 5, 2021

Directive into German law and analyze whether a reduction in the minimum content requirements for quarterly reporting increases …, our results reveal that over the period from 2012 to 2019, lower quarterly reporting levels on average have increased … coverage. Our results are robust to potential selection effects regarding firms’ choice of quarterly reporting content levels. …

Persistent link: https://www.econbiz.de/10012643524

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

Investment in broadband infrastructure under local deregulation : evidence from the UK broadband market

Fabritz, Nadine; Falck, Oliver - 2013

This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a...

Persistent link: https://www.econbiz.de/10009752995

Do land markets anticipate regulatory change? : evidence from Canadian conservation policy

Bošković, Branko; Nøstbakken, Linda - 2016

Regulation often evolves, and affected consumers or firms may adjust their behavior in anticipation of potential … changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect … unregulated leases. Based on our estimates, not accounting for anticipation underestimates the total cost of the regulation by …

Persistent link: https://www.econbiz.de/10011489414

Irreversible investments and regulatory risk

Panteghini, Paolo; Scarpa, Carlo - 2003

This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits go beyond a given level. It is shown that a pure price...

Persistent link: https://www.econbiz.de/10011507879

Investment size and firm's value under profit sharing regulation

Moretto, Michele; Panteghini, Paolo; Scarpa, Carlo - 2003

In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm s start-up decision relative to a pure price cap...

Persistent link: https://www.econbiz.de/10011509471

Network utilities in the U.S. : sector reforms without privatization

Vogelsang, Ingo - 2004

U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...

Persistent link: https://www.econbiz.de/10011402612