Slide 1The Cost of Banking Regulation Luigi Guiso European University Institute Paola Sapienza Northwestern University Luigi Zingales University of Chicago Slide 2 Motivation…
Slide 11 Are Price-Cost Markup Indexes Reliable Indicators of the Competitiveness of Wholesale Power Markets? By John Kelly Presented at the 27 th USAEE/IAEE North American…
Slide 1 The Monopoly Market power Monopoly equilibrium Welfare aspects Slide 2 The Monopoly As we concluded last week, perfect competition is not really a realistic outcome…