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to foster the deployment of next generation access networks, namely in France, Italy, and Portugal. In particular, we …
Persistent link: https://www.econbiz.de/10013068240
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
This paper studies access pricing under three regimes: regulated access (VSR), negotiated access with discriminatory pricing (VSD) and negotiated access with non-discriminatory pricing (VSN). We compare each regime along three metrics: network quality, consumer surplus, and social welfare. To do...
Persistent link: https://www.econbiz.de/10012895972
It has been a policy proposal since long to vertically separate transport and infrastructure in Germany's railway sector. The proposal received new momentum, when selling the transport subsidiaries of Deutsche Bahn AG to the public was discussed in 2008/2009. While vertical separation is...
Persistent link: https://www.econbiz.de/10008773263
regulation, vertical integration and legal unbundling regimes provide highest investment incentives and lead to highest welfare … entrant since this would worsen double marginalisation. When the network operator is subject to a break-even regulation, the … Integration ; Investment ; Foreclosure ; Regulation …
Persistent link: https://www.econbiz.de/10008933405
The freight railways sector has three attributes that have proved problematic for recent experiments with vertical separation: a) a relatively high share of network costs in total delivered service costs, b) an apparent persistence of economies of scale at the "competitive" train operations...
Persistent link: https://www.econbiz.de/10014069085
The setting of user prices for enterprises with large fixed costs and marginal costs below average costs - "natural monopolies" - raises important policy questions regarding both efficiency and equity. It has become well accepted among economists that, in a variety of settings, welfare may be...
Persistent link: https://www.econbiz.de/10014087985
This paper explores the access charge for the use of the Italian rail infrastructure. Access problems arise when the provision of a complete service to end users requires the combination of two or more inputs, one of which is non-competitive (OECD, 2004). It is a well-known fact that excessive...
Persistent link: https://www.econbiz.de/10010222818
Naturally monopolistic network industries are subject to regulation of access to market and charging in order to … regulation generate and whether it achieves objectives. Literature states that due to the context-specific nature of regulatory … framework, ex post analysis and practical experiments are necessary to study the impact of economic regulation. In this paper …
Persistent link: https://www.econbiz.de/10012907852
Infrastrukturen in Verkehrssektoren sind regelmäßig Gegenstand von Diskussionen um Marktversagen und Markteingriffe. Die in der EU verfolgten Regulierungsansätze und die daraus entstandene Regulierungslandschaft insbesondere in Verkehrssektoren sind dadurch divers: Während...
Persistent link: https://www.econbiz.de/10014428261