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Franchise Bidding in the Water Industry – Auction Schemes and Investment Incentives

Meister, Urs - EconWPA - 2004

The periodical re-auction of a water monopoly concession causes the danger of underinvestment. If the life-time of specific assets such as water pipes exceeds the contract length and transferring the ownership of assets is difficult, the incumbent franchisee faces a hold-up problem. Using a...

Persistent link: https://www.econbiz.de/10005125890

A Study of the Interrelated Bilateral Transactions in Credit Card Networks

Chakravorti, Sujit; Shah, Alpa - EconWPA - 2001

acceptance by merchants. In this paper, we study the set of interrelated bilateral transactions in credit card networks. First …

Persistent link: https://www.econbiz.de/10005126052

Parcerias Estratégicas da Banca Portuguesa em Portais Digitais

Leitão, João; Osório, Carlos; Gomes, Daniela - EconWPA - 2002

, Networks, Strategy, Banking. …

Persistent link: https://www.econbiz.de/10005134418

Competition Policy In Network Industries: An Introduction

Economides, Nicholas - EconWPA - 2004

We discuss issues of the application of antitrust law and regulatory rules to network industries. In assessing the application of antitrust in network industries, we analyze a number of relevant features of network industries and the way in which antitrust law and regulatory rules can affect...

Persistent link: https://www.econbiz.de/10005134419

The role of interchange fees in ATM networks

Donze, Jocelyn; Dubec, Isabelle - EconWPA - 2003

We develop a model to study the deployment of shared automated teller machines (ATMs) by banks when an interchange system compensates them for processing foreign withdrawals. The interchange fee is chosen collectively by banks and it is paid by the withdrawer's bank to the ATM-owning bank. We...

Persistent link: https://www.econbiz.de/10005134463

US Telecommunications Today, October 2002

Economides, Nicholas - EconWPA - 2004

This paper examines the current conditions in the US telecommunications sector (October 2002). We examine the impact of technological and regulatory change on market structure and business strategy. Among others, we discuss the emergence and decline of the telecom bubble, the impact on pricing...

Persistent link: https://www.econbiz.de/10005134546

Intra-backbone and Inter-backbone Peering Among Internet Service Providers

Badasyan, Narine; Chakrabarti, Subhadip - EconWPA - 2004

We consider a model with two backbones and a finite number of Internet Service Providers (ISPs) connected to the backbones. ISPs decide on private peering agreements, comparing the benefits of private peering to costs. Intra-backbone peering refers to peering between ISPs connected to the same...

Persistent link: https://www.econbiz.de/10005134982

Social Networks in Determining Employment and Wages: Patterns, Dynamics, and Inequality

Calvo-Armengol, Antoni; Jackson, Matthew O. - EconWPA - 2002

We develop a model where agents obtain information about job opportunities through an explicitly modeled network of social contacts. We show that an improvement in the employment status of either an agent's direct or indirect contacts leads to an increase in the agent's employment probability...

Persistent link: https://www.econbiz.de/10005135002

The Role of Responsive Pricing in the Internet

MacKie-Mason, Jeffrey K.; Murphy, Liam; Murphy, John - EconWPA - 1996

The Internet continues to evolve as it reaches out to a wider user population. The recent introduction of user-friendly navigation and retrieval tools for the World Wide Web has triggered an unprecedented level of interest in the Internet among the media and the general public, as well as in the...

Persistent link: https://www.econbiz.de/10005135089

The Stability and Efficiency of Economic and Social Networks

Jackson, Matthew O. - EconWPA - 2002

This paper studies the formation of networks among individuals. The focus is on the compatibility of overall societal … subject, and also provides new results on the existence of pairwise-stable networks and the relationship between pairwise … stable and efficient networks in a variety of contexts and under several definitions of efficiency. …

Persistent link: https://www.econbiz.de/10005135109