Showing 1 - 10 of 295
This paper addresses the question of how the competitive situation in the downstream market, the services, and the innovative activity in the upstream market, the network infrastructure, interact. The focus is on the vertical structure of the telecommunication market, which is analysed in the...
Persistent link: https://www.econbiz.de/10004964360
on existing literature, we argue that ex ante regulation could represent a danger for the long-term development of the … infrastructures. We also argue that ex ante regulation is distorting investment itself: incremental investment is privileged as … opposed to radical investment. In this context, we identify three possible options for regulation in the near future: 1 …
Persistent link: https://www.econbiz.de/10005790072
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken...
Persistent link: https://www.econbiz.de/10011276866
are not simply a more efficient way of doing the same thing as regulation. Rather, they involve considerable innovation …
Persistent link: https://www.econbiz.de/10005650531
This paper studies firms’ incentives to invest in environmental R&D under different market structures (Cournot and Bertrand) and environmental policy instruments (emission standards, taxes, tradeable permits and auctioned permits). Because of market strategic effects, R&D incentives vary...
Persistent link: https://www.econbiz.de/10005515209
This paper studies firms’ incentives to invest in environmental R&D under different market structures (Cournot and Bertrand) and environmental policy instruments (emission standards, taxes, tradable permits and auctioned permits). Because of market strategic effects, R&D incentives vary widely...
Persistent link: https://www.econbiz.de/10005627099
infrastructure investments beyond the level achieved by access regulation and they seem to facilitate tacit price collusion. On the …
Persistent link: https://www.econbiz.de/10010983883
Within a standard three-tier regulatory model, a benevolent prin- cipal delegates to a regulatory agency two tasks: the supervision of the …rms (two-type) costs and the arrangement of a pricing mecha- nism. The agency may have an incentive to manipulate information to the principal to share the...
Persistent link: https://www.econbiz.de/10009228710
We investigate regulation as the outcome of a bargaining process between a regulator and a regulated firm. The …
Persistent link: https://www.econbiz.de/10011140957
We consider the regulation of a monopolistic market when the prin- cipal delegates to a regulatory agency two tasks …
Persistent link: https://www.econbiz.de/10008860728