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Behavioral economics (BE) examines the implications for decision-making when actors suffer from biases documented in the psychological literature. This article considers how such biases affect regulatory decisions. The article posits a simple model of a regulator who serves as an agent to a...
Persistent link: https://www.econbiz.de/10013067654
market competition and regulation in addressing these concerns. Traditional (ex-post) antitrust intervention will be less … effective in markets driven by network effects unless it is combined with a proper (ex-ante) regulatory framework. Antitrust …
Persistent link: https://www.econbiz.de/10012405498
Persistent link: https://www.econbiz.de/10011814355
We study the optimal design of regulation for innovative activities which can have negative social repercussions. We …
Persistent link: https://www.econbiz.de/10012859824
We study the optimal design of regulation for innovative activities which can have negative social repercussions. We …
Persistent link: https://www.econbiz.de/10012822805
This paper analyses and discusses the regulation of the DNS, i.e. the system of Internet unique identifiers. There is a … regulation should be. The paper aims at exploring the possible answer to such questions, on the basis of an economic analysis of …
Persistent link: https://www.econbiz.de/10012711623
authorities to access the big data held by operators could transform regulation by simplifying proof of bias or discrimination … should be possible to transform market regulation …
Persistent link: https://www.econbiz.de/10014152588
definition of markets is central to the legal enforcement of antitrust statutes, the paper examines non-transactional multisided …
Persistent link: https://www.econbiz.de/10012151937
The paper analyses the economics behind algorithmic search and recommender services, based upon personalized user data. Such services play a paramount role for online services such as marketplaces (e.g. Amazon), audio streaming (e.g. Spotify), video streaming (e.g. Netflix, YouTube), app stores,...
Persistent link: https://www.econbiz.de/10012417535
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His … it to the other side of the market and eliminating producer's surplus - that much needed antitrust action has been … ignored by this narrow criterion. This analysis indicates that antitrust action is long overdue after considering two …
Persistent link: https://www.econbiz.de/10012804859