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Essays In Competition And Entry Regulations

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Essays In Competition And Entry Regulations

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Author : Valeria Bernardo
language : en
Publisher:
Release Date : 2019

Essays In Competition And Entry Regulations written by Valeria Bernardo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.

Essays On Competition And Regulatory Oversight

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Author :
language : en
Publisher:
Release Date : 2015

Essays On Competition And Regulatory Oversight written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

Government benefits and services are increasingly provided though private markets, with firms competing to provide services to individuals. Under perfect competition, the most productive firms survive and serve the market. However, with imperfect information and minimal out-of-pocket costs, competitive pressures may be weakened and less productive firms can maintain market share. Insufficient oversight of eligibility rules or quality standards exacerbates this problem. In Chapter 1, I study the 2008 expansion of the Lifeline program, which subsidizes phone service for low-income households, and show how oversight influences both the composition of providers in a market and their post-entry behavior. Lifeline's state-level variation in regulatory environments makes for an ideal test case in how regulatory oversight influences the entry decisions of heterogeneous firms. Firms with low quality and compliance select into loose-oversight markets, and their entry drives the large state-level differences in wasteful or inefficient program spending. The evidence of these dynamics is presented here for the Lifeline program, but similar forces are likely to be a factor in many other markets for government funded products and services. In Chapter 2, I address the possibility of crowd-out due to the Lifeline expansion. One of the program's stated goals is to ensure that households have affordable access to phone services. In this context, crowding out households' out-of-pocket spending may in fact be desired. I exploit geographic differences in the timing of provider entry to estimate the expansion's effect on households' wireless service spending. The results indicate that although the extensive margin reduction in the number of households reporting any wireless spending represents only 10-15% of program enrollments, the reduction in the level of spending may exceed 100% of subsidy payments. Two factors make this result possible: quality competition between providers, and price discrimination based on ability-to-pay. Consequently, the quality of Lifeline services paid for by the monthly subsidy exceeds that of similarly priced unsubsidized plans. By crowding out lower quality unsubsidized plans, households could save more than an equivalent cash transfer. The results highlight the potential for market segmentation and competition to magnify the impact of a targeted subsidy program.

Essays In Industrial Organization And Regulation

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Author : Luís Martins-Barata Cabral
language : en
Publisher:
Release Date : 1989

Essays In Industrial Organization And Regulation written by Luís Martins-Barata Cabral and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with categories.

Competition And Regulation In Network Industries

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Author : Jean-Marc Zogheib
language : en
Publisher:
Release Date : 2021-10-13

Competition And Regulation In Network Industries written by Jean-Marc Zogheib and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-13 with categories.

While particularly dynamic and innovative, the digital and telecommunication industries are found to have a great tendency towards concentration, resulting in strong market power and raising concerns from competition and regulatory authorities. In this study focusing on such network industries, Jean-Marc Zogheib explores the interplay between public policy and firms' strategies by combining various tools of theoretical economic analysis adopted from industrial economics, network economics, and platform economics. Mr. Zogheib's thesis consists of three distinct essays: the first chapter examines how merger policy affects firms' entry strategies, the second chapter shifts the focus to public intervention by considering how the coexistence of private and public players affects competition and investment, while the third chapter investigates the role of privacy in competition between digital platforms and the importance of consumer data in the competitive analysis of mergers. This book clearly illustrates how economics can contribute essential building blocks to the construction of competitive reasoning and how the integration of competition law into economic models extended their collective utility. An important read for lawyers and economists alike. The book was awarded the inaugural Concurrences PhD Award in Economics.

Pratiyogita Darpan

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Author :
language : en
Publisher:
Release Date : 2008-12

Pratiyogita Darpan written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12 with categories.

Pratiyogita Darpan (monthly magazine) is India's largest read General Knowledge and Current Affairs Magazine. Pratiyogita Darpan (English monthly magazine) is known for quality content on General Knowledge and Current Affairs. Topics ranging from national and international news/ issues, personality development, interviews of examination toppers, articles/ write-up on topics like career, economy, history, public administration, geography, polity, social, environment, scientific, legal etc, solved papers of various examinations, Essay and debate contest, Quiz and knowledge testing features are covered every month in this magazine.