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The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of l996. The local-loop's spin-off 's consumer...
Persistent link: https://www.econbiz.de/10005126025
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005126483
The paper examines the economic and regulatory factors that led to an explosion in the wholesale power prices, supply shortages, and utility insolvencies in California’s electricity sector. A necessary first step in determining the lessons learned from the California electricity crisis is a...
Persistent link: https://www.econbiz.de/10005134444
-level regulation will likely make any type of collusion or capture more difficult in the future. …
Persistent link: https://www.econbiz.de/10005413213
employed Canadian men. The results indicate that sample selection into alcohol and tobacco use is not negligible. With all else …
Persistent link: https://www.econbiz.de/10005076928
jumped after deregulation, and new types of complaints such as unauthorized switching of service (“slamming”) arose. Failure … existing customer base. Higher prices for low- income consumers: Since deregulation begain in 1990, there has been a marked … lead us to recommend against implementing plans to replace traditional regulation with “retail competition” for consumers …
Persistent link: https://www.econbiz.de/10005076594
both traditional cost minimization models and newer models that reflect industry deregulation processes. The oldest …
Persistent link: https://www.econbiz.de/10005125661
In this paper we attempt to identify the characteristics of banks that are most likely to be at the origin of a banking crisis following a financial liberalization (FL) process. We do this analysis in response to the observed fact that FL processes arse often followed by banking crisis that cost...
Persistent link: https://www.econbiz.de/10005134840
Single-Desk Marketing: Assessing the Economic Arguments identifies the potential benefits and costs and the strengths and weakness of various arguments in favour of current single-desk arrangements. It does not attempt to quantify the costs and benefits of arrangements in any particular industry.
Persistent link: https://www.econbiz.de/10005407820
We use an infinitely lived agent model in which an intermediate good is provided either by a public or a private monopolist to study the effects of privatization on steady state levels of income. We allow for public sector inefficiencies(x-inefficiency) which shift down the intermediate goods...
Persistent link: https://www.econbiz.de/10005412752