haku: @author Finsinger, J. / yhteensä: 7
viite: 3 / 7
| Tekijä: | Finsinger, J. Schmid, F. A. |
| Otsikko: | Prix, circuits de distribution et la variabilite des parts sw marche en fonction de l'intensite de reglementation = Prices, distribution networks and the variability of market segments related to the intensity of regulations |
| Lehti: | Revue d'Economie Industrielle
1992 : 2ND QUARTER, NO. 60, p.29-41 |
| Asiasana: | PRICES DISTRIBUTION CHANNELS NETWORKS MARKET SEGMENTATION REGULATIONS ECONOMETRICS |
| Kieli: | fre |
| Tiivistelmä: | Taking into account cost factors such as the mortality and the interest rate, it is shown that the insurance premiums are 76 p.c. higher in countries with pervasive and strict government regulation. Thus, the consumer pays a high price for regulatory interventions. Moreover, these interventions tend to decrease the information supplied to consumers by information intermediaries; tied agents dominate in highly regulated markets, whereas brokers and agents hold large market shares in less regulated markets. Finally, it is shown that market shares tend to be more stable in in highly regulated markets, while market share variability tends to be high in unregulated markets. Hence, regulation reduces competition. |
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