Showing 1 - 10 of 3,069
There can be no doubt that the FANG companies – Facebook, Amazon, Netflix and Google, as well as Twitter – have transformed society since their emergence. Like all social transformations, the changes wrought by their services have had ripple effects that are both positive and negative. On...
Persistent link: https://www.econbiz.de/10012010582
Facebook, Amazon, Netflix and Google, as well as Twitter – the FANG companies – have transformed society with both positive and negative effects. Soaring consumer access to information, news, social networks, and entertainment has been stimulated by the ever-more ubiquitous and falling...
Persistent link: https://www.econbiz.de/10011990829
, economic regulation inhibits airports of any ownership form from operating and pricing efficiently. Although public and fully …The combined impact of ownership form, economic regulation and competition on airport performance is analyzed using … fully private airports. Irrespective of ownership form, regulation is necessary to emulate competitive forces thus pushing …
Persistent link: https://www.econbiz.de/10010869288
Persistent link: https://www.econbiz.de/10011811445
Persistent link: https://www.econbiz.de/10003395259
Persistent link: https://www.econbiz.de/10009684201
When regulated markets are liberalized, economists always stress the benefits of fragmenting existing capacities among more firms. This is because oligopoly models typically imply that a larger number of firms generates stronger competition. I show in this paper that this intuition may fail...
Persistent link: https://www.econbiz.de/10014055136
Persistent link: https://www.econbiz.de/10013396466
Persistent link: https://www.econbiz.de/10009025079
A substantial body of research suggests that it is difficult to account for all of the volatility of asset prices in terms of news. This paper attempts to explain the excess volatility puzzle as a consequence of competitive interaction between market participants in the presence of noisy...
Persistent link: https://www.econbiz.de/10010744376