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A regulatory policy known as imputation has been recommended and applied in situations where a regulated firm with monopoly power over an essential input faces the threat of entry in one or more of its downstream markets. This policy generally imposes a price floor on the regulated firm's...
Persistent link: https://www.econbiz.de/10009199823
This article generically identifies the economic criteria that determine market power and applies them to the provision of 800 service. Despite the comparatively late growth of competition, this market segment is currently capable of supporting effective competition. There is vigorous and...
Persistent link: https://www.econbiz.de/10009199315
This paper examines the ability of entry by either resellers or facilities-based carriers to discipline the pricing behavior of a vertically integrated incumbent supplier. Theoretical considerations suggest that, once a sufficient amount of entry has occurred at both vertical...
Persistent link: https://www.econbiz.de/10009199872
Regression analysis augmented with propensity score methods is used to estimate the effect of Internet use on job search. The formal distinction between the unemployed and the discouraged is exploited, where both desire employment but the latter has ceased active job search. Results indicate...
Persistent link: https://www.econbiz.de/10010943175
Estimation of the employment effects of changes in capital investment is a standard tool in public policy debates. Typically, such predictions are based on employment multipliers derived from Input–Output analysis. In this paper, we measure the employment effects of changes in capital...
Persistent link: https://www.econbiz.de/10011056918