analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …

analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …

domestic products) reference price system. We find that while our estimated consumer compensating variation is small, the …

pay the price. By exerting a costly effort, the firm can deter evasion. To maximize the total surplus, a regulator sets … the price, the level of deterrence effort, and socially costly transfers to ensure the monopoly’s participation. We obtain … a modified Ramsey formula, which clearly shows that the mere existence of evaders dampens the use of the price as a mean …

In 2011, price peaks in retail gasoline prices caused public outrage and attracted the attention of German regulatory … implemented to tackle tacit collusive behavior, e.g., there are price ceilings established in Luxembourg or per day limits of … price increases given in Austria. However, research has found that none of them has led to satisfactory results. Hence, the …

requirements, (international) benchmarking is not an adequate tool for the regulation of transmission system operators (TSO … high. The paper discusses options to reduce the weight of benchmarking in TSO regulation and options that do not rely on …

In 2011, price peaks in retail gasoline prices caused public outrage and attracted the attention of German regulatory … implemented to tackle tacit collusive behavior. E.g. there are price ceilings established in Luxembourg or per day limits of price …

We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public … utilities. To maximize total surplus, the regulator sets the price and socially costly transfers, ensuring that the monopoly … breaks-even. With costly effort, the firm can deter evasion. Under unit demand and fixed quality, price is independent of …