We examine the extent to which regulations of entry and credit access are related to competition using data on 28 … competition, as proxied by the price-cost margin, in the industries with a naturally high entry rate. Rigid entry regulations are … manufacturing sectors across 64 countries. A robust finding is that bureaucratic and costly entry regulations tend to hamper …

The paper provides a tractable, analytical framework to study regulatory risk under optimal incentive regulation … consumers' preferences. -- Optimal incentive regulation ; regulatory risk ; procurement ; information rents …

prefer regulatory risk and these preferences may contradict both the firm's and consumers'. -- optimal incentive regulation …

This study aims at characterizing the optimal regulation of risky activities when risk assessment is subjective as a …

has developed within both disciplines with respect to regulation – for an analysis of the credit rating industry …

industry-wide competition and consumer welfare are antitrust law and regulation. This is no less true in the professional … such contracts have on competition and overall consumer welfare. The two legal mechanisms that traditionally protect … sports and telecast industries. The collision of these two industries has resulted in a labyrinth of regulation and, arguably …