Buehler, Stefan; Gärtner, Dennis; Halbheer, Daniel - In: Journal of Regulatory Economics 30 (2006) 1, pp. 99-115
infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot … simultaneously decrease the retail price and increase infrastructure quality. Second, we derive conditions under which reducing both … retail price and infrastructure quality relative to the integrated monopoly outcome increases welfare. Third, we argue that …