Protecting vulnerable consumers in "Switching Markets''

Beckert, Walter and Siciliani, P. (2018) Protecting vulnerable consumers in "Switching Markets''. Working Paper. Birkbeck, University of London, London, UK.

Abstract

This paper studies regulatory policy interventions aimed at protecting vulnerable consumers who are disengaged and thus exposed to exploitation. We model heterogeneous consumer switching costs alongside asymmetric market shares. This setting encompasses many markets in which established firms are challenged by new entrants. We identify circumstances under which such interventions can be counterproductive, both with regard to the stated consumer protection objective and the complementary aim to promote competition.

Metadata

Statistics

Downloads

Export as XMLJSONCSV

Activity Overview

102Downloads

188Hits

Additional statistics are available via IRStats2.

Archive Staff Only (login required)

Edit/View Item