This paper examines the effects of introducing competition into monopolized network industries on prices and … infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot … retail price and infrastructure quality relative to the integrated monopoly outcome increases welfare. Third, we argue that …

(with price and quantity competition) and optimal regulation that involves an informational externality to the competitors … ; Competition ; Asymmetric Information ; Conglomerate Firms ; Multiutility ; Scope Economies ; Informational Externality …

This paper studies the effects of introducing competition for local passenger railway markets in the German state of … Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the … further suggest that the effects of competition may depend strongly on the operator. -- Competition for the market …

on costs of oil dependence. -- Dynamic Bilateral Monopoly ; Markov-Perfect Equilibrium ; Depletable Resources ; Energy …

, abatement effort made by the monopoly and social welfare comparing two alternative policy games. The first game assumes that the …