García-Gallego, Aurora; Georgantzís, Nikolaos; … - In: Environmental & Resource Economics 53 (2012) 1, pp. 1-23
We experimentally test how a private monopoly, a duopoly and a public utility allocate water of differing qualities to … duopoly and private monopoly. On the positive aspects of centralized public management, we find that the average quality to … price ratio offered by the public monopoly is substantially higher than that offered by the private monopoly or duopoly …