EconPapers    
Economics at your fingertips  
 

Protecting Vulnerable Consumers in "Switching Markets"

Walter Beckert () and Paolo Siciliani

No 1808, Birkbeck Working Papers in Economics and Finance from Birkbeck, Department of Economics, Mathematics & Statistics

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.

Keywords: switching costs; price discrimination; uniform pricing; most-favoured customer clauses; price regulation; competition. (search for similar items in EconPapers)
JEL-codes: L11 L13 D4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com, nep-ind and nep-ore
Date: 2018-08
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.bbk.ac.uk/ems/research/wp/2018/PDFs/BWPEF1808.pdf First version, 2018 (application/pdf)

Related works:
Working Paper: Protecting vulnerable consumers in "switching markets" (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bbk:bbkefp:1808

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Birkbeck Working Papers in Economics and Finance from Birkbeck, Department of Economics, Mathematics & Statistics Malet Street, London WC1E 7HX, UK.
Bibliographic data for series maintained by ().

 
Page updated 2019-04-18
Handle: RePEc:bbk:bbkefp:1808