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Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political …
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This report provides an overview on the economics of attention intermediaries. It addresses the following questions: What are the economics of attention intermediaries? For competition policy, how should markets be defined and market power of attention intermediaries be assessed? What theories...
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We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is...
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legislative regulation of outsourcing. Probably, qualified impact evaluations of this phenomenon should be made, before any …
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paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes … financial institutions subject to stricter regulation. Following the easing of these regulations, overconfidence-induced risk …-taking increases again. These findings confirm the effectiveness of financial regulation at correcting overconfident behavior, but also …
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The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …
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