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Ownership unbundling and third party access are discussed as two options of unbundling in both the literature and … political discussions. Focusing on the South American electricity sector, I contrast static and dynamic impacts of ownership … unbundling and third party access regimes on customer prices. Substantially different results are found using dynamic rather than …
Persistent link: https://www.econbiz.de/10010957589
In German electricity submarkets for residential customers standard contracts offered by former monopolists are the … retail electricity submarkets using simultaneous equation approach and can find support for our hypothesis. In particular for …
Persistent link: https://www.econbiz.de/10009646596
hold a dominant position. Thus, electricity wholesale markets are subject to market surveillance. Nevertheless …, consolidated findings on abusive practices of market power and their cause and effect in wholesale electricity markets are scarce …
Persistent link: https://www.econbiz.de/10010957651
Although the future socio-economic benefits of a new fibre-based ('next generation access', NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather unrealistic objective without government intervention. We contend, however, that the...
Persistent link: https://www.econbiz.de/10010957680
We analyze the treatment and impact of idiosyncratic or firm-specific risk in regulation. Regulatory authorities … regulation. In contrast, it is common to apply only a single benchmark, the weighted average cost of capital (WACC), uniformly to … electricity network operators. In a simulation model for Germany, we find that capital costs increase by approximately 0.2 to 3 …
Persistent link: https://www.econbiz.de/10010985634
-out decision by the German government has significantly affected electricity prices and thus competitiveness in neighbouring …
Persistent link: https://www.econbiz.de/10010957645
The majority of industrial organizations literature on network externalities looks at firm behavior under given market characteristics. The present paper instead asks the question whether the presence of network externalities can change market characteristics, specifically, whether an initially...
Persistent link: https://www.econbiz.de/10005098058
, there is a need for unbundling regulation to foster competition. Improvements to the current open-network regulation …
Persistent link: https://www.econbiz.de/10005098426
, deregulatory policies including soft regulation are the dominant policy in 'black' areas, where several independent infrastructure …
Persistent link: https://www.econbiz.de/10011122571
In the advent of postal market liberalization in several European countries we expect that the incumbent operators anticipate entry by competitors who are not required to offer universal service, i.e. coverage of the entire country and uniform pricing. The market for postal service exhibits...
Persistent link: https://www.econbiz.de/10005097679