all, in a sense to be made precise. -- Asymmetric Information ; Learning by Doing ; Regulation …

account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of …

We study the regulation of a firm which supplies a regulated service while also operating in a competitive, unregulated … (with price and quantity competition) and optimal regulation that involves an informational externality to the competitors …. Although joint conduct of the activities generates scope economies, it also entails private information, so that regulation is …

competitiveness and sufficiently separates individuals who choose different effort levels, the market allocation is Pareto superior to … a social planner’s allocation. We construct a specific market game that naturally generates robust equilibria with these …

Many water allocation agreements in transboundary river basins are inherently unstable. Due to stochastic river flow …, agreements may be broken in case of drought. The objective of this paper is to analyse whether water allocation agreements can be … self-enforcing. An agreement is modelled as the outcome of bargaining game on river water allocation. Given this agreement …

appropriate when the current schedule of water allocation is considered unfair. Our proposed approach is based on the combination …

Problem ; Sequential Sharing Rule ; Bankruptcy Problem ; Water Allocation …