We study, what Switzerland can learn from the disappearance of the property insurance monopolies in Germany. We show that the German insurance monopolies did not fight hard enough to defend their interests. a) Most of them knew that they would be bought up by another public insurance company....

In telecommunications some operators have deployed their own networks whereas others have not. The latter firms must purchase wholesale products from the former to be able to compete on the final market. We show that, even when network operators compete in prices and offer homogenous products on...

The idea of regulating pollutions by means of tradable emission permits on a competitive market was developed for the first time by Dales in 1968. The question of the citizens’ participation on these markets received little attention in the economic literature. However, people are allowed to...

This paper is an attempt to analyze regulation in LDCs taking into account their specificities compared to developed countries. By using a regulation model with an imperfect contract enforcement mechanism, we show how the separation of powers improves the enforcement quality and social welfare...

In this general equilibrium model, justice and police institutions are treated as a mechanism that induces individuals to extend some desirable productive effort. This determines individual encroachment activities which in turn determine the proportion of aggregate production that fails to be...

French abstract: Après les débats enflammés des années trente, la tarification de l'électricité a occupé peu de place dans ceux portant sur la nationalisation de l'électricité en 1962. La raison principale de cette absence est que le cadre réglementaire élaboré lors de la création...

La Banque de France est concernée par le développement et la compétitivité des territoires, par l’amélioration de l’accès et de la qualité des services offerts aux publics, thèmes au coeur du Contrat de service public conclu, depuis 2003, avec l’État.

Le changement radical modifie la représentation que les individus ont de l’identité organisationnelle. Ce bouleversement cognitif affecte différemment le processus d’identification des membres d’une organisation soumis à un même changement. Une étude empirique menée au sein de la...

(VF)Une bonne gouvernance d’entreprise s’articule autour des principes de transparence, d’imputabilité, d’équité et de croissance saine de l’entreprise. Cette étude examine l’évolution des caractéristiques du conseil d’administration des sociétés d’État canadiennes de...

This article tries to explain the influence of privatization on the decision making process, especially in terms of investments through the corporate governance theory. In this perspective we suggest a conceptual framework based on the analysis of disciplinary mechanisms and their dynamic as a...