monopoly outcome. Within the framework of the "passive regulator" that this logic entails, public regulation cannot alter the …The authors explain why the elementary logic of rate-of-return regulation generates not the competitive outcome but the … monopoly outcome, but can only change the form in which the monopoly rent is captured. The authors also explain why it is …

Investment regulation constitutes one of the major difficulties in regulating monopolistic activities such as … sharing contracts can be particularly useful. Moreover, menu regulation could encourage distribution firms to provide …

all platforms or a “pure” monopoly with just one platform. Literature has not generally discussed, which benchmark is the …

We study the issue of integrating real and financial decisions in a monopoly firm with risk-averse decision-makers. To …

monopoly because each duopolist has a smaller market size than the monopolist. But social welfare in the monopoly is lower than …