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Regulatory capture in a resource boom
States oversee most regulation of oil and gas extraction in the United States. When relying on regulation, state oil and gas agencies may be...
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Farm animal welfare regulatory preferences and food choice: survey evidence from the US
Public support is critical for the incorporation of farm animal welfare (FAW) standards into national food policies. Multiple pathways, e.g.,...
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Regulatory independence may limit electoral holdup but entrench capture
Private infrastructure investment is profitable only if followed by a sufficiently high price, but pricing may be subject to regulation. We study...
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A re-examination of the foundations of the cost of capital for regulatory purposes
In regulatory proceedings, few issues are more hotly debated than the cost of capital. This article seeks to formalise the theoretical foundation of...
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Revealed Preference in Medical Decisions
We stress a reversed perspective on medical decision making. By indicating their threshold, decision makers reveal how they value utility gains and... -
Information moderation principle on the regulatory sandbox
The regulatory sandbox, which promotes FinTech innovation, is expected to significantly improve the symmetry of regulatory information. However, it...
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Incentives of a monopolist for innovation under regulatory threat
This paper investigates whether a natural monopoly with private cost information can reduce the likelihood of regulatory threat by investing, in the...
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Nonlinear pricing, biased consumers, and regulatory policy
Recent empirical analyses show consumers in electricity and water markets respond to average price rather than marginal price, calling for...
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Regulatory Mechanisms for Government Procurement of Public Services
Any viable institutional model must have the ability to correct itself. One of the conditions for generating this error correction ability is to have... -
Asset bubbles, financial sector, and current challenges to regulatory framework
The manuscript examines the causes of asset price bubbles and financial crises. It studies the current challenges facing the regulatory framework of...
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The Preference of Signing Auditors Toward Spicy Cuisine and Financial Reporting Quality
The well-known proverb of “you are what you eat” implies that people usually take on characteristics of the food that they eat. However, “whether... -
Cost efficiency and endogenous regulatory choices: evidence from the transport industry in France
We study the impact of different regulatory designs on the cost efficiency of operators providing a public service, exploiting data from the French...
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Tempting goods, self-control fatigue, and time preference in consumer dynamics
We propose a dynamic model of consumer behavior under limited self-control, emphasizing the fatiguing nature of self-regulation. The temptation...
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Regulatory Frameworks for Reforms of State-Owned Enterprises in Thailand and Malaysia
State-owned enterprises (SOEs) play a significant role in providing public goods and services such as utilities and infrastructures. They also play a... -
Fear of pesticide residues and preference for domestically produced strawberries
Due to an EU directive making integrated pest management (IPM) mandatory, European farmers are expected to reduce their use of chemical pesticides,...
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Risky health decisions under regulatory constraints: Abortion tourism in Switzerland
This study provides both a behavioral model and empirical evidence on the risky search for a health service across jurisdictions that differ in their...
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Status and Development Trend of Artificial Intelligence Application in the Private Equity Industry
The capital management demand in China is expanding, and the preference for equity assets has increased. -
The Architecture of the European Regulatory Framework
European institutions have complemented the liberalisation of telecom markets with a harmonised regulatory framework hinging on pro-competitive... -
Range Coopetition: NEV Automakers' Strategies Under Dual Credit Policy Influences
This study investigates the strategic selection in R&D and production stages between competition and coopetition for duopoly heterogeneous new energy...
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Microeconomic Perspective on Regulating Energy Markets
The analytical framework for the economic analysis of regulating energy markets is derived from microeconomics. Section 4.2 discusses the basic...