A key characteristic of regulatory schemes in Latin America is its virtual absence of mechanisms for coping with outages in the supply of public utilities. This paper presents such a mechanism, which has the advantage of being complementary to the medium

This draft discusses the main instruments to mitigate environmental externalities, considering both the traditional goals of efficiency and equity and restrictions on information and technical and political feasibility. It is analyzed the program "Pico y Placa" in Medellín, a restricting...

When a ship which carries fuel o any contaminant or toxic material gets into average, the first thing to do is taking it to harbour, where the flow can be controlled. If not possible, then take it to the coast, so that it sinks to the lowest deepness as possible and safe from streams dragging...

This article analyzes the impact of market power on a transferable emissions permit system (TEPS). The application is carried out for the case of the "Programa de Compensación de Emisiones" in the city of Santiago, Chile, using data for 1997. In addition

Casi cinco años después de haber culminado las privatizaciones en telecomunicaciones y electricidad, así como haber realizado importantes reformas en agua potable y alcantarillado, es necesario realizar un balance sobre los resultados de dichas reformas. A fin de determinar si el resultado...

There's an existing trend on the current public service dynamics that thinks the State as entity. Such entity is limited to establishing prices and qualities of the services it regulates, based on costs and information offered by agents: thus, full-filling a function essentially technical. The...