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.
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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
| Item Type: | Monograph (Working Paper) |
|---|---|
| School: | School of Business, Economics & Informatics > Economics, Mathematics and Statistics |
| Depositing User: | Walter Beckert |
| Date Deposited: | 03 Dec 2018 10:39 |
| Last Modified: | 25 Jul 2022 12:43 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/23628 |
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