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Market Entry and Roll-out With Product Differentiation

Levine, Paul L; Rickman, Neil; Tzavara, Dionisia - C.E.P.R. Discussion Papers - 2002

This Paper examines a general problem exemplified by post-auction (third generation ‘3G’) mobile telecommunications markets and by recent developments in the UK market for postal services. When entering these (or any other) markets, firms must often decide on the degree of coverage...

Persistent link: https://www.econbiz.de/10005124418

Optimal Sliding Scale Regulation: An Application to Regional Electricity Distribution in England and Wales

Hawdon, David; Hunt, Lester; Levine, Paul L; Rickman, Neil - C.E.P.R. Discussion Papers - 2005

This paper examines optimal price (i.e. ‘sliding scale’) regulation of a monopoly when efficiency and managerial effort … are not observed. We show how to operationalize this model of incentive regulation and use actual data from electricity … distribution in England and Wales to make welfare comparisons of sliding scale regulation with a price cap regime and the First …

Persistent link: https://www.econbiz.de/10005792004