We investigate the relation between Net Neutrality regulation and Internet fragmentation. We model a two-sided market …’ attention to advertisers. Under Net Neutrality, a zero-price rule is enforced. By contrast, in the Unregulated Regime, ISPs make … strategically set termination fees to induce fragmentation. This takes place when advertising revenues are potentially large but …

interact with fragmentation in determining government size. The empirical study of the role of fragmented governments for …

tested hypotheses. They also reveal persistent fragmentation between EMU core and periphery banking systems caused by a … deficit of trust in periphery banking systems, unmitigated by the introduction of OMT and European Banking Union. Our findings …

This paper studies how political fragmentation affects government stability. We show that each additional party with … fragmentation in parliaments worldwide may have a substantial impact on stability and political selection. …