Pakula, Benjamin; Götz, Georg - Volkswirtschaft Abteilung, Fachbereich … - 2011
regulation, vertical integration and legal unbundling regimes provide highest investment incentives and lead to highest welfare … structures such as vertical integration, ownership and legal unbundling lead to different investments. We find that, without … the entrant is low. Under ownership unbundling, investment incentives are lower but there is never foreclosure of the …