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Powering up developing countries through integration?
Auriol, Emmanuelle; Biancini, Sara - 2012
investment. -- regulation ; competition ; market integration ; investment ; electricity …
Persistent link: https://www.econbiz.de/10009571212
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Powering up developing countries through integration?
Auriol, Emmanuelle; Biancini, Sara - 2012
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010283608
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Powering up developing countries through integration?
Auriol, Emmanuelle; Biancini, Sara - 2013
Persistent link: https://www.econbiz.de/10009770181
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Weeding out the dealers? : the economics of cannabis legalization
Auriol, Emmanuelle; Mesnard, Alice; Perrault, Tiffanie - 2020
We model consumer choices for cannabis in a risky environment and determine the supply of cannabis under prohibition and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis consumption. We show that this trade-off can be overcome by...
Persistent link: https://www.econbiz.de/10012304299
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Can supranational infrastructure regulation compensate for national institutional weaknesses?
Auriol, Emmanuelle; Estache, Antonio; Wren-Lewis, Liam - In: Revue économique : revue bimestrielle 69 (2018) 6, pp. 913-936
Persistent link: https://www.econbiz.de/10011960168
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Regulation at home, competition abroad: A theoretical framework
Calzolari, Giacomo; Scarpa, Carlo - 2001
This paper analyses in a hidden characteristic set-up the design of the optimal price for a firm which is a monopolist at home but competes abroad against foreign firms. As long as diseconomies of scope are not too strong, the optimal price is identified. The price rule depends on the sign of...
Persistent link: https://www.econbiz.de/10011608801
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On regulation and competition : pros and cons of a diversified monopolist
Scarpa, Carlo; Calzolari, Giacomo - 2009 - This version: June 2009
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 …
Persistent link: https://www.econbiz.de/10008811378
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Liberal Regulation : Privatization of Natural Monopolies with Adverse Selection
Auriol, Emmanuelle; Picard, Pierre M. - 2007
This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We …-up allows governments to avoid re-funding moneyloosing firms and that welfare is larger than under traditional regulation where …
Persistent link: https://www.econbiz.de/10014052152
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Regulation at Home, Competition Abroad : A Theoretical Framework
Scarpa, Carlo; Calzolari, Giacomo - 2001
This paper analyses in a hidden characteristic set-up the design of the optimal price for a firm which is a monopolist at home but competes abroad against foreign firms. As long as diseconomies of scope are not too strong, the optimal price is identified. The price rule depends on the sign of...
Persistent link: https://www.econbiz.de/10014127345
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Powering Up Developing Countries Through Integration?
Auriol, Emmanuelle - 2012
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10013104162