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This paper examines the effects of multimarket contact on advertising prices in the U.S. radio broadcasting industry. While it is in general difficult to measure the effect of multimarket contact on c...
It has been said that deregulation was an important source of the recent financial crisis. It may be more accurate, however, to say that a deregulatory mindset was an important source of the crisis—a ...
Electricity deregulation has aroused concern that environmental quality might be harmed by consumer preferences for cheap, “dirty” (e.g., coal) electricity products, despite the perhaps stronger influ...
Telecommunications Deregulation     cable  wireless       2014/9/10
From Fred Kahn's writings and experiences as a telecommunications regulator and commenter, we draw the following conclusions: prices must be informed by costs; costs are actual incremental costs; cost...
Among Alfred E. "Fred" Kahn's many accomplishments, none is better remembered than his pivotal role in deregulation of the US airline industry. Kahn's commitment to marry core microeconomic principles...
In recent years, many of the restrictions on banking activities adopted following the banking collapse of the 1930s have been eroded by improvements in technology and high interest rates, which led to...
Examines effects of the U.S. airline deregulation on the risk perception of the industry by the capital markets based on a market model and test sample study. Effects of market-related risk due to der...
Over the past few decades, financial markets became increasingly deregulated and household debt expanded, sometimes rapidly. It is thus possible that greater deregulation led to improved credit access...
This paper argues that the study of policy incidence in industrial organization needs to take the endogeneity of government into account. The point is made by investigating whether political conside...
This paper is based on a keynote address given at the 2004 International Industrial Organization Conference in Chicago, April 2004. I draw selectively on the literature from the past 25 years on reg...
This study tests whether recent reforms of the electric power industry reverse the predicted effects of regulation on profits, risk, and return for electric utilities. The analysis also considers pote...
Telstra and the Telecom Corporation of New Zealand (TCNZ) are examined against the backdrop of deregulation, corporatisation and privatisation of telcommunications companies (TelCos) world-wide. This ...
I examine the role geography plays when a large company with a distant headquarters conducts business in a particular location.Geographers see a power imbalance between the mobile capital of large cor...
Introduction Recent, highly publicized bank failures have inspired some observers to advocate reversal of the financial deregulation begun in 1980; they argue that the excessive risk assumed by unr...
Rent seeking has been part of government regulation since at least 1887, when the railroads succeeded in gaining partial government enforcement of their cartels (Hilton 1966; Kolko 1965). Recent the...

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