Pricing and entry in regulated industries: the role of regulatory design
Article Abstract:
The policies imposed by a regulator on a regulated market affects the market's appeal to potential entrants. In a regulated market where the regulator does not regulate the entrant upon entry, the length of time between entry and the revision of prices affects the market price. A long regulatory gap results to higher market prices because the regulator has to require the incumbent player to keep his prices up.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1997
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Riding free on the signals of others
Article Abstract:
Production losses are experienced by agents who ride free on the signals of others. Agents who are planning to engage in free-riding are forced to initially choose to receive a signal related to the project. Such undertaking is observed by agents even in situations where the signal is costless. Initial pioneers also experience short-term losses in an effort to signal the opportunity to other agents.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 1998
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Ex ante free mobility, ex post immobility, and time consistency in a federal system
Article Abstract:
Issues relating to regional population distribution and regional mobility are examined in detail. Fiscal policies and their relationship to regional population policies are explored.
Publication Name: The Journal of Public Economics
Subject: Government
ISSN: 0047-2727
Year: 2001
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