Regulations, Regime Switches and Non Monotonicity When Non Compliance is an Option: An Application to Content Protection and Preference
Posted: 30 Jul 2002
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.
Keywords: Content protection, Content preference, Trade policy
JEL Classification: F13 F15, F16
Suggested Citation: Suggested Citation