Publications in: Behavioural Economics

The Impact of Competition Interventions on Compliance and Deterrence – A Controlled Economic Experiment

Subsector:Regulators and government
Published: April, 2012
Document type:Presentation

A study by London Economics for the UK Office of Fair Trading Presentation at the University of Amsterdam, Centre for Law and Economics, Behavioural Competition and Regulation, April 19, 2012.

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The Impact of Competition Interventions on Compliance and Deterrence

Subsector:Remedies and enforcement
Published: December, 2011
Document type:Report

The research, which consisted of a survey of more than 500 large companies and 300 SMEs, as well as a small survey of specialist competition advisers in legal firms, estimates that for each abuse of dominance case, 12 potential infringements are deterred; for each cartel case, 28 potential infringements are deterred and for each commercial […]

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Consumer Information on Broadband Speed and Net Neutrality Experiment

Subsector:Telecom and media
Published: November, 2011
Document type:Report

Ofcom has published the report by London Economics “Consumer information on Broadband Net Neutrality”. This study uses an economic experiment and behavioural economics to test the impact on consumers’ internet package choice of how information about packages is presented. Participants in the experiment were faced with different information frames, including the use of colour coding […]

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Review of Company Surveys of Consumer Willingness to Pay to Reduce the Impacts of Transmission Infrastructure on Visual Amenity

Subsector:Regulatory economics
Published: October, 2011
Document type:Report

In the context of potential measures to reduce the visual amenity impacts of existing transmission infrastructure, this London Economics study for Ofgem provides a critical review of willingness to pay evidence provided to Ofgem by the transmission operators. The first step of the review involved determining a current best practice model for WTP studies assessing […]

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Experimental Study on Non-geographic Calls

Subsector:Telecom and media
Published: September, 2011
Document type:Report

Ofcom has published the report by London Economics Experimental work on potential interventions in relation to non-geographic calls. The study uses economic experiments to investigate call price transparency for non-geographic phone numbers such as Directory Enquiries and customer support lines, and tests alternative regulatory interventions to improve price transparency to help consumers make more informed […]

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Consumer Behavioural Biases in Competition

Subsector:Regulators and government
Published: May, 2011
Document type:Presentation

Office of Fair Trading, May 4, 2011.

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Consumer Behavioural Biases in Competition

Subsector:Regulators and government
Published: May, 2011
Document type:Report

Consumer behavioural biases imply that consumers may not behave in the fully rational way that many economic models assume. This study assesses what impact behavioural biases can have on competition, including, how competition and pricing practices may change when consumers are biased; if lowering barriers to entry can reduce inefficiencies that arise from consumer behavioural […]

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Competition-promoting Consumer Behaviour

Subsector:Public Policy
Published: March, 2011
Document type:Report

The Danish Competition and Consumer Authority (DCCA) has published two reports analysing the interactions between consumer behaviour and competition in retail markets; one of which was written by London Economics. The study undertaken by London Economics analyses consumer behaviour during the purchasing processes and is based on a survey of 6,000 Danish consumers. The study […]

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Consumer Contracts

Subsector:Regulators and government
Published: February, 2011
Document type:Report

The OFT has published the market study on problems consumers have with contracts. To inform the market study London Economics in association with YouGov completed a behavioural survey of consumers combined with an economic experiment to investigate the features of contracts that cause most problems for consumers.

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