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The European Commission and its member states are wrestling with the problem of how to implement the scheduled liberalization of the postal sector while maintaining the service obligation. This book addresses some of these concerns. It is comprised of essays chosen from those presented at the...
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This paper examines vertical arrangements in electricity markets. Vertically integrated wholesalers, or those with long-term contracts, have less incentive to raise wholesale prices when retail prices are determined beforehand. For three restructured markets, we simulate prices that define...
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associated price discrimination strategy, as the post-deregulation dominant business model of the major incumbent airlines and … manufacturers' strategy have played in shaping this dominant business model in the 1990s. Fierce competition between Airbus and … Boeing and plummeting new aircraft prices in the early 2000s have fueled low-cost competition of unprecedented scope, that …
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As the deregulation of European utility markets has progressed, the dynamics of and the competitive pressure in the …
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This paper analyses the effects of disease and war on the accumulation of human and physical capital. We employ an overlapping-generations frame-work in which young adults, confronted with such hazards and motivated by old-age provision and altruism, make decisions about investments in schooling...
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