Menezes, Flavio M.

Embedded incentives in the funding arrangements for residential aged care in Australia by Steven D Hamilton( Book )
1 edition published in 2010 in English and held by 4 libraries worldwide

Corruption and auctions by Flavio M Menezes( file )
2 editions published in 2001 in English and held by 4 libraries worldwide

Endogenous mergers under multi-market competition by Tina Kao( Computer File )
3 editions published between 2008 and 2009 in English and held by 2 libraries worldwide
This paper examines a simple model of strategic interactions among firms that face at least some of the same rivals in two related markets (for goods 1 and 2). It shows that when firms compete in quantity, market prices increase as the degree of multi-market contact increases. However, the welfare consequences of multi-market contact are more complex and depend on how two fundamental forces play out. The first is the selection effect, which acts to increase welfare, as shutting down the relatively more inefficient firm is beneficial. The second opposing effect is the internalisation of the Cournot externality effect; reducing the production of good 2 allows firms to sustain a higher price for good 1. This works to increase prices and, therefore, decrease consumer surplus (but increasing producer surplus). These two effects are influenced by the degree of asymmetry between markets 1 and 2 and the degree of substitutability between goods 1 and 2

Regulatory behaviour under threat of court reversal by Magnus Söderberg( Book )
2 editions published in 2012 in English and held by 2 libraries worldwide

Welfare enhancing mergers under product differentiation by Tina Kao( Computer File )
3 editions published between 2007 and 2009 in English and held by 2 libraries worldwide
This paper considers a model of duopoly with differentiated products to examine the welfare effects of a merger between two asymmetric firms. We find that for quantity competition, the parameter range for welfare enhancing merger widens if the products are closer substitutes. On the other hand, mergers are never welfare enhancing in this setting when firms compete in prices

Electricity market design in Brazil an assessment of the 2004 reform by Joisa Dutra( file )
1 edition published in 2015 in English and held by 1 library worldwide

Price regulation and the cost of capital by Fernando T Camacho( Computer File )
2 editions published in 2010 in English and held by 1 library worldwide
This paper investigates how price regulation under moral hazard can affect a regulated firm's cost of capital. We consider stylised versions of the two most typical regulatory frameworks that have been applied over the last decades by regulators: Price Cap and Cost of Service. We show that there is a trade-off between lower operational costs and a higher cost of capital under Price Cap regulation and higher operational costs and lower cost of capital under Cost of Service regulation. As a result, when the extent of moral hazard is not significant, Price Cap regulation generates lower welfare than the Cost of Service regulation

Testing regulatory consistency by Robert Breunig( Computer File )
2 editions published in 2008 in English and held by 1 library worldwide
"We undertake an analysis of regulatory consistency using a database of publicly available regulatory decisions in Australia. We propose a simple exploratory model which allows us to test for regulatory consistency across jurisdictions and industries without detailed knowledge of the regulatory process. We compare two measures using our approach - the weighted average cost of capital and the proportion of firms' revenue requirement claims disallowed by the regulator. We advocate use of the second measure, but our empirical results may be interpreted as indicating that a range of measures ought to be considered when assessing regulatory consistency"--Abstract

Coasian dynamics in repeated English auctions ( Computer File )
1 edition published in 2007 in English and held by 1 library worldwide

Inferring the strategy space from market outcomes by Flavio Menezes( file )
1 edition published in 2013 in English and held by 1 library worldwide