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We model investments in capacity in a homogeneous product duopoly facing uncertain demand growth. Capacity building is achieved through adding production units that are durable and lumpy and whose cost is irreversible. There is no exogenous order of moves, no first-mover or second-mover...
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In this paper, we provide an analysis of the water sector in France. Together with a description of the specificities of water delivery and the collection and treatment of waste waters, we highlight three crucial points to understand "the French water school"": the organization of the sector,...
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We model the interactions between management regimes (municipal vs. delegated) and operating costs of water supply services in order to compare their performance and pricing. We estimate the models from panel data in France. We show that the choice between management regimes at the local...
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We model the interactions between the management mode and costs of water services in order to compare their performances and pricing. We estimate those models on French panel data. We find that the choice by the local authority depends on the service costs and characteristics. There is no...
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