Showing 1 - 10 of 100
West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This … paper focuses on three aspects of the design of regulatory policy in these countries: the appropriate sectors for regulation …
Persistent link: https://www.econbiz.de/10005561393
This paper examines the justifications, history, and practice of regulation in the US telecommunications sector. We … the history of regulation and antitrust intervention in the telecommunications sector. After discussing the impact of …
Persistent link: https://www.econbiz.de/10005134493
investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization … documented phenomenon both in this study and in the cross-country literature on privatization; e.g. political ends in … privatization, influence in appointments, golden shares) as the most visible part of such collusion. Liberalization and multi …
Persistent link: https://www.econbiz.de/10005413213
in privatization transactions despite some showcase transactions; fifth, regulation and competition have often been …Privatization became a central element of economic reforms in most countries in Sub-Saharan Africa during the 1990s …. Yet, empirical evidence regarding the impact of privatization remains scarce. Since the seminal work of CAMPBELL …
Persistent link: https://www.econbiz.de/10005413292
, this essentially represents a case of a public monopoly being turned over to the private sector, and regulation is … domestic airports.The latter evidence favors privatization of the Delhi Airport. We study the impact of foreign direct … of professionalization in their day to day operations. The study also discusses various models of privatization and …
Persistent link: https://www.econbiz.de/10005561389
We provide some existence results of stable pricings for natural monopoly as defined in the theory of contestable …
Persistent link: https://www.econbiz.de/10005125630
An expanded model of value in cooperative games is presented in which value has either a linear or a proportional mode, and NTU value has either an input or an output basis. In TU games, the modes correspond to the Shapley (1953) and proportional (Feldman (1999) and Ortmann (2000)) values. In...
Persistent link: https://www.econbiz.de/10005407563
We discuss the case of a monopolist of a base good in the presence of complementary goods provided either by it or by other firms. We assess and calibrate the extent of the influence on the profits from the base good that is created by the existence of complementary goods, i.e., the extent of...
Persistent link: https://www.econbiz.de/10005412872
This paper looks into the application of the theory of “the persistence of profits” and how it can be used to model manufacturing industries in Colombia. By explaining where the theory of “persistence of profits” comes from, what it is, and what its determinants are brief descriptions of...
Persistent link: https://www.econbiz.de/10005412969
Given that demand for durable goods is not constant over time, we propose in this article a transformation of the utility function, which accounts for discrete time and for the effect of different levels of income in the utility of buying. With this, the original Coase paradox will collapse. The...
Persistent link: https://www.econbiz.de/10005413295