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In the nineteenth century, the emergence of railroads in France resulted in new analytical issues, as they are natural monopolies. Jules Dupuit examined the issue of the operations of the railroad sector on several occasions (1853, 1861 and 1862). He would seem to have defended two contrasting...
Persistent link: https://www.econbiz.de/10010575558
such as quality and network innovation. It is in this context that incentive regulation tools are discussed and assessed in …Network regulation is playing an active role in a context of restructuring energy systems for long term transition to a … smart grid. Regulation of network companies' activities should consider both cost efficiency objectives and other objectives …
Persistent link: https://www.econbiz.de/10010899413
We develop a general equilibrium vintage capital model with energy-saving technological progress and an explicit energy sector to study the impact of investment subsidies on equilibrium investment and output. Energy and capital are assumed to be complementary in the production process. New...
Persistent link: https://www.econbiz.de/10009644796
Recently, some cities decided to divide their transport network into several attractive and accessible parts (this procedure is called allotment) in order to reduce urban transit costs. Gains obtained by introducing more competition for the market should be compared with costs associated with...
Persistent link: https://www.econbiz.de/10008791561
demanding to implement, these various tools are: a- cost plus, b- price/revenue cap, c- output or performance-based regulation … implement. Lastly, conclusions for the regulation of networks are derived. A workable regulation of network relies on a …
Persistent link: https://www.econbiz.de/10010898485
French law mandates that employees of publicly listed companies can elect two types of directors to represent employees. Privatized companies must reserve board seats for directors elected by employees by right of employment, while employee-shareholders can elect a director whenever they hold at...
Persistent link: https://www.econbiz.de/10009323278
Persistent link: https://www.econbiz.de/10009369212
This paper studies the optimal environmental policy in a mixed market when pollution accumulates over time. Specifically, we assume quantity competition between several private firms and one partially privatized firm. The optimal emission tax is shown to be independent of the weight the...
Persistent link: https://www.econbiz.de/10010635208
Our chapter is organized as follows. Section I comes back to the characteristics of the water sector. It describes some key features that may explain the slow pace of reform and that may also help better understanding characteristics and limits of that process. Then, a historical and global...
Persistent link: https://www.econbiz.de/10010635242
interests in the neo-liberal institution-building process in Turkey and privatization cases as one of the main components of the … neo-liberalization process represents its primary focus. First, it will be outlined how the privatization program was … privatization deals after the 2000's and its effects, it will be shown (1) how the import-substitution periods' contending actors …
Persistent link: https://www.econbiz.de/10009151313