European Economics: Microeconomics & Industrial Organization eJournal最新文献_第5页

The Impact of SNCF Strike on Ridesharing: A Novel Approach of Consumer Surplus Estimation Using BlaBlaCar.com Data SNCF罢工对拼车的影响:基于BlaBlaCar.com数据的消费者剩余估算新方法

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-03-02 DOI: 10.2139/ssrn.3578412

Timothy Yu-Cheong Yeung, Dianzhuo Zhu

{"title":"The Impact of SNCF Strike on Ridesharing: A Novel Approach of Consumer Surplus Estimation Using BlaBlaCar.com Data","authors":"Timothy Yu-Cheong Yeung, Dianzhuo Zhu","doi":"10.2139/ssrn.3578412","DOIUrl":"https://doi.org/10.2139/ssrn.3578412","url":null,"abstract":"We estimate the impact of the strike of the French railway monopoly (SNCF) on ridesharing usage and user welfare. From April to June 2018, railway workers went on strike every two out of five days. We collect daily trip level data from the public API of BlaBlaCar, the largest inter-city ridesharing platform in France. Our data covers the entire strike period and one month afterwards of 78 representative routes in France. Our results show that on an average strike day, demand increases by 29 percent while supply increases by 7 percent. We then use a novel method to estimate the price elasticity of the demand and consumer surplus of each route per day. Different from traditional methods that rely on equilibrium analysis, we exploit the transaction-level data to construct the market supply curve and the observed transaction curve, from which a true market demand curve and a consumer surplus are conservatively estimated. We further use propensity score matching to impute the consumer surplus estimate of an additional 318 routes that have not been included in the initial data collection to give a more comprehensive evaluation for the whole of France. On an average non-strike day, BlaBlaCar generates 79,413€ of consumer surplus, while an average strike day generates 97,166€, an increase of 17,753€. Our work suggests that inter-city ridesharing contributes substantially to the social welfare, serves as a flexible substitute for the railway service and ridesharing should be integrated into the design and management of the transportation network.","PeriodicalId":434487,"journal":{"name":"European Economics: Microeconomics & Industrial Organization eJournal","volume":"156 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127353442","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Cooperation Among Competitors: Network Sharing Can Increase Consumer Welfare 竞争对手之间的合作:网络共享可以增加消费者福利

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-03-01 DOI: 10.2139/ssrn.3571354

F. Maier-Rigaud, M. Ivaldi, C.-Philipp Heller

引用次数: 8

Cooperation Between Financial Intelligence Units in the EU: Stuck in the Middle Between the GDPR and the Police Data Protection Directive 欧盟金融情报部门之间的合作:卡在GDPR和警察数据保护指令之间

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-02-05 DOI: 10.4324/9780429398834-4

Foivi Mouzakiti

{"title":"Cooperation Between Financial Intelligence Units in the EU: Stuck in the Middle Between the GDPR and the Police Data Protection Directive","authors":"Foivi Mouzakiti","doi":"10.4324/9780429398834-4","DOIUrl":"https://doi.org/10.4324/9780429398834-4","url":null,"abstract":"Financial Intelligence Units (FIUs) hold a central position in the chain of actors responsible for the monitoring of money movements in the European Union. In support of their role, which is to receive, analyse and disseminate suspicious transaction reports, they have been furnished with significant information processing powers. At present, FIUs feature prominently in the EU’s anti-money laundering and counterterrorist financing agendas and plans to further enhance their powers of information exchange are underway. At the same time, however, the legal challenges that arise from their constant empowerment, particularly for the protection of personal data, are being overlooked. <br><br>This article focuses on the cooperation between FIUs in the EU and argues that the latter takes place under a complex legal framework, which raises significant challenges for data protection. In particular, it highlights the present-day uncertainty over the data protection framework that governs their operations and discusses whether FIUs should be subject to the General Data Protection Regulation or to its law enforcement counterpart, the Police Data Protection Directive. The remaining of the article focuses on the ‘FIU.net’ – the decentralized network for information exchanges between EU FIUs – and on the data protection challenges that emerged from the recent integration of this network into Europol.","PeriodicalId":434487,"journal":{"name":"European Economics: Microeconomics & Industrial Organization eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127857003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Reduced Form Information Design: Persuading a Privately Informed Receiver 简化形式信息设计:说服一个私下知情的接收者

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-02-01 DOI: 10.2139/ssrn.3533682

Ozan Candogan

引用次数: 8

Contractual Obligations as a Tool for International Transfers of Personal Data under the GDPR 作为GDPR下个人数据国际转移工具的合同义务

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-01-20 DOI: 10.2139/ssrn.3522426

Martina Mantovani

引用次数: 0

From the Dark Side to the Bright Side: Exploring Algorithmic Antitrust Compliance 从黑暗的一面到光明的一面:探索算法反垄断合规

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2020-01-12 DOI: 10.2139/ssrn.3334164

Ai Deng

引用次数: 4

Muddy Waters Capital LLC’s Observations on the Parliamentary Mission Report on Activism Submitted by the Finance, General Economy Control Commission of the French Parliament (‘Assemblée Nationale’) on October 2, 2019 浑水资本有限责任公司对2019年10月2日法国议会财政、一般经济控制委员会(“国民大会”)提交的议会行动主义任务报告的看法

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2019-12-03 DOI: 10.2139/ssrn.3499127

Carson Block

{"title":"Muddy Waters Capital LLC’s Observations on the Parliamentary Mission Report on Activism Submitted by the Finance, General Economy Control Commission of the French Parliament (‘Assemblée Nationale’) on October 2, 2019","authors":"Carson Block","doi":"10.2139/ssrn.3499127","DOIUrl":"https://doi.org/10.2139/ssrn.3499127","url":null,"abstract":"This paper has been addressed by Muddy Waters Capital LLC, a US short seller activist, to two French members of Parliament, as an answer to the recent parliamentary mission report on activism submitted by the French Finance, General Economy and Budgetary Control Commission on October 2, 2019. \u0000 \u0000It is argued that this report reflects a profound misunderstanding of the French public authorities of the issues underlying the financial regulation of short selling. The author tries, in the interests of the French capital markets and, in fine, the French economy, to bridge the gulf that separates the French authorities and short sellers. \u0000 \u0000For that purpose, it is crossed the most recent academic research on market efficiency, corporate governance and short selling with our practical experience to highlight the report's multiple fallacies, and in particular the idea that short selling can transform into a self-fulfilling prophecy destructive of the operational activity of a company. \u0000 \u0000Part A starts with a reminder of what short selling is and why it exists. Part B then distinguishes short selling in its broadest meaning from short selling activism. Part C focuses on the \"presumption of the abnormal functioning of capital markets\" that the report proposes to implement when a company is heavily shorted. Part D provides two more illustrations of the conceptual errors made in the report. Finally, we propose four recommendations in Part E whose implementation would, in our view, improve the functioning of French capital markets.","PeriodicalId":434487,"journal":{"name":"European Economics: Microeconomics & Industrial Organization eJournal","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127814864","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Experiences from the Implementation of the Cross-Border Mergers Directive in Greece 希腊实施跨境并购指令的经验

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2019-10-04 DOI: 10.1007/978-3-030-22753-1_17

Thomas Papadopoulos

引用次数: 1

Fueling the European Digital Economy: A Regulatory Assessment of B2B Data Sharing 推动欧洲数字经济:对B2B数据共享的监管评估

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2019-10-01 DOI: 10.2139/ssrn.3521194

L. Zoboli

引用次数: 4

Keys to Delivering Effective Data Privacy Compliance 提供有效数据隐私合规性的关键

European Economics: Microeconomics & Industrial Organization eJournal Pub Date : 2019-09-27 DOI: 10.2139/ssrn.3460893

Lydia Montalbano

引用次数: 0