to firms that can efficiently limit the externality. The optimal mechanism supplements this strict local regulation with …

elements: to encourage entry and to make competition effective such that consumers benefit. The first one requires that …Launching and stimulating competition in telecommunications markets is an important policy goal. It contains two … difficult to achieve at the same time. In this paper, we consider price regulation in the retail and wholesale market and answer …

We study the efficiency of banking regulation under financial integration. Banks freely choose the jurisdiction where …

competition between two platforms to study private and social incentives to share information. Sharing information can be welfare … mandatory information sharing mechanism from big tech to their competitors that help the latter to improve their network value … price regulation over information sharing like the one applied in the EU jurisdiction increases the incentives of big …

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

Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by …