TY - JOUR
T1 - Regulations, regime switches and non-monotonicity when non-compliance is an option
T2 - An application to content protection and preference
AU - Ju, Jiandong
AU - Krishna, Kala
N1 - Funding Information:
Krishna gratefully acknowledges support from the National Science Foundation under grant SES-0002042. We are grateful to Edward Glaeser, Philip Levy, Rob Reed and Robert Staiger for comments
PY - 2002/11/1
Y1 - 2002/11/1
N2 - Direct regulations have two regimes. In one, all firms behave in the same manner and, in the other, they behave differently. Past work assumed all firms were identical, thereby neglecting the non-monotonicity in comparative statics arising from the regime change.
AB - Direct regulations have two regimes. In one, all firms behave in the same manner and, in the other, they behave differently. Past work assumed all firms were identical, thereby neglecting the non-monotonicity in comparative statics arising from the regime change.
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U2 - 10.1016/S0165-1765(02)00142-8
DO - 10.1016/S0165-1765(02)00142-8
M3 - Article
AN - SCOPUS:0036829425
SN - 0165-1765
VL - 77
SP - 315
EP - 321
JO - Economics Letters
JF - Economics Letters
IS - 3
ER -