Showing 1 - 10 of 118
We use a dynamic oligopoly model of entry and exit to evaluate how entry regulations affect profitability and market … stores in Sweden, we find that the average entry costs for small and large stores are 10 and 18 percent lower, respectively …, in markets with liberal compared with restrictive regulations. Counterfactual simulations show that lower entry costs in …
Persistent link: https://www.econbiz.de/10010699973
between market size and entry. …
Persistent link: https://www.econbiz.de/10009251247
This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show that the monopolistic outcome prevails independently of market concentration when access prices are determined in bilateral negotiations. A light-handed regulatory policy can...
Persistent link: https://www.econbiz.de/10005190638
No abstract.
Persistent link: https://www.econbiz.de/10010818444
of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by … acquisition relative to entry. A policy enforcing strict compatibility leads to more entry, but can be counterproductive by …
Persistent link: https://www.econbiz.de/10008919575
Timor-Leste’s first ten years of independence have been turbulent and a large share of the population remains poor. Broad-based improvements in living standards will require improvements in agricultural production since most Timorese are subsistence farmers and since there is no modern sector...
Persistent link: https://www.econbiz.de/10010581011
We measure the impact of the removal of a railway transportation subsidy on the adoption of technology for Western Canadian farms, using a unique combination of Census and freight rate data. We exploit the large regional variation in these one-time freight rate increases in order to identify...
Persistent link: https://www.econbiz.de/10010818419
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency by increasing individual payoffs in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts....
Persistent link: https://www.econbiz.de/10008625833
This paper examines whether and how communication can help groups solve coordination and free-rider problems when they compete with another group for a public-good prize. We find that when group members make an anonymous individual decision on whether or not to contribute to the group success,...
Persistent link: https://www.econbiz.de/10008528456
The results of twenty-four laboratory sessions are evaluated with respect to the role of alternative definitions of equity when communication is introduced into an environment in which voluntary contributions determine the level of public good provision to small groups of individuals....
Persistent link: https://www.econbiz.de/10005181100