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This paper evaluates how different lengths of entry regulation impact market structure and market performance using a … evidence that the duration of entry regulation has a negative impact on consumer surplus. We also find that entry protection …
Persistent link: https://www.econbiz.de/10009764443
firms. Tax and entry regulation policy can reduce the excessive entry problem having a positive effect on total surplus …
Persistent link: https://www.econbiz.de/10012287789
When the public provision of private goods is partial rather than universal, public supply may be supplemented by the entry of private firms in the market for the private good. The main purpose of this paper is to explore whether partial public provision helps or hinders aggregate access to the...
Persistent link: https://www.econbiz.de/10011514028
We consider the effects of taxes for competing two-sided platforms. We first detail how a platform passes a tax increase on its prices. Adding price competition, we study next how the tax affects profits. Because of the strategic implications of the cross-side external effects, the tax increase...
Persistent link: https://www.econbiz.de/10011459129
This article studies incentives for a premium provider (Superstar) to offer exclusive contracts to competing platforms mediating the interactions between consumers and firms. When platform competition is intense, more consumers subscribe to the platform hosting the Superstar exclusively. This...
Persistent link: https://www.econbiz.de/10011982399
We study the welfare effects of a merger between ad-funded platforms facing elastic consumer demand. We show that advertising fees as well as quality investment levels by the platforms fall post-merger. Interestingly, despite the lower advertising fees, advertisers may be worse off when their...
Persistent link: https://www.econbiz.de/10015339857
% of the regulation and landlords the remaining 25%. There is no market exit of landlords or brokers. Combining our reduced … highlight the importance of economic analysis for designing consumer protection regulation. …
Persistent link: https://www.econbiz.de/10015333371
We explain the recent events in the German market for online access using a model of a regulated monopoly renting phone lines to retailers. Retailers offer either a linear or a flat tariff to consumers. Consumer heterogeneity leads to adverse selectiion. We show why market entry for flatrate...
Persistent link: https://www.econbiz.de/10011398800
supply conditions in sharing economy platforms. AQRs constitute a paradigm shift in platform regulation, as they enable … algorithmic quantity regulation - marked by 6% decline in ratings. Additionally, we find that the AQR affected certain platform … implications of AQRs that can shape the future of sharing economy platforms’ regulation. …
Persistent link: https://www.econbiz.de/10015371992
Real estate contracts often contain a wide variety of contingency clauses. These third-party approvals are often outside the seller's control and can lengthen the-time-on-the-market (TOM) and reduce the surety of close. To compensate for these undesirable attributes, buyers typically offer...
Persistent link: https://www.econbiz.de/10013368894