give rise to new questions of access fee regulation. In this paper we consider a model with two types of asymmetry arising …

give rise to new questions of access fee regulation. In this paper we consider a model with two types of asymmetry arising …

standard approach subsequent to becoming regulated, i.e., the presence of regulation may induce a bank to decrease the quality …

This paper investigates infrastructure investment in markets where regulation is subject to varying degrees of … manipulation by elected politicians. Based on a model of price regulation in a market with increasing demand and long-term returns … made independent of future political manipulation. Independency of regulation thus decreases efficiency and consumer …

asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem … of low quality, i.e. high risk, loans and therefore reduces the risk of the bank loan portfolio. However, CVaR regulation … welfare. CVaR regulation also affects the operation of monetary policy. …

are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …

asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem … of low quality, i.e. high risk, loans and therefore reduces the risk of the bank loan portfolio. However, CVaR regulation … welfare. CVaR regulation also affects the operation of monetary policy. …

standard approach subsequent to becoming regulated, i.e., the presence of regulation may induce a bank to decrease the quality …