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This study takes a comprehensive look at the overall flexibility of regulatory governance in Korea, including the design, implementation, and monitoring of the many issues surrounding regulatory reform that stand in the way of innovation growth. Based on the findings of the analysis, the paper...
Persistent link: https://www.econbiz.de/10014263111
Persistent link: https://www.econbiz.de/10013069698
Institutional barriers to entry were removed to a considerable extent in 1996 in the Dutch retail sector. Three years before that the regulator decided to not take legal actions anymore against entrants violating institutional requirements. In the current analysis we investigate the effects of...
Persistent link: https://www.econbiz.de/10011302129
. First, sector-specific regulation can be used to address market failures, such as, for instance, the presence of bottlenecks … of this paper will be on ex ante regulation. There is indeed considerable debate regarding the regulatory framework …-handed approach to regulation. Pursuant to this view, the forthcoming postal directive should only provide for minimal regulatory …
Persistent link: https://www.econbiz.de/10014057544
The paper addresses the question of pricing access to the network facilities of an incumbent firm after deregulation. Network access pricing continues to be regulated in such industries as telecommunications, railroads, electric power and natural gas. We emphasize that access prices should be...
Persistent link: https://www.econbiz.de/10014035273
, challenge antitrust and regulation policy. The paper focusses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues -- the European …
Persistent link: https://www.econbiz.de/10014114861
The shift to competition in utility generation is likely to generate "stranded investments," which are wealth transfers between investors and utility ratepayers. Stranded investments can take either of two forms: (1) "stranded costs" are a transfer from investors to ratepayers that occur when...
Persistent link: https://www.econbiz.de/10014087515
Three decade ago, federal policymakers - Republicans and Democrats - embarked on a general strategy of deregulation in the electricity, gas delivery, and telecommunications industries. The strategy called for restructuring to separate production from the transmission and distribution, followed...
Persistent link: https://www.econbiz.de/10014047844
.C. Circuit recognized over twenty years ago: Complex regulation must still be credible regulation and any failure by the FCC to …
Persistent link: https://www.econbiz.de/10014073823
presenting an experimentation-based theory of competition, and applies this extended framework to analyzing the changing retail …
Persistent link: https://www.econbiz.de/10014040596