privatization on airport charges in a panel data setting where fixed effects can be employed to mitigate endogeneity concerns. Our … main empirical results indicate that aeronautical charges are lower at airports when single-till regulation is employed …, when airports are privatized, and -- tentatively -- when ex-post price regulation is applied. Furthermore, hub airports …

This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also …

this separation interact with the regulation of the product market. The main issue to be addressed here is how the degree … how deregulation affects corporate structure. In the benchmark case where the government maximizes privatization proceeds …

The paper analyses governments’ trade-off between fiscal benefits and consumer surplus in privatization reforms of … noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so … developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation … to regulation is proposed in which firms are free to enter the market and to choose their price and output levels … than traditional regulation where governments commit to both investment and operation cash-flows. This is especially …

Public agencies rely on two key modes to procure goods and services: auctions and direct negotiations. The relative … passenger railway services in Germany, where regional agencies can use auctions and negotiations to procure regional passenger … legal framework. We first characterize the decisions of the agency in a simple reduced form framework of negotiations and …

-offer negotiations to a model schedule approach that sets ambitious objectives - ideally full national treatment for the major backbone … services. Attainment of such objectives, especially by smaller and poorer members, requires procompetitive regulation and …

negotiations, its increased bargaining power and its eventual incentives to follow the US defections. …