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Network unbundling and flawed coordination : lessons from electricity and railways
Brunekreeft, Gert - 2014
coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …
Persistent link: https://www.econbiz.de/10010423547
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Railway (De)Regulation : A European Efficiency Comparison
Friebel, Guido; Ivaldi, Marc; Vibes, Catherine - 2005
Many European countries have sought to increase the efficiency of national railroad companies through a range of reforms: separating infrastructure and operations, creating independent regulatory institutions and providing access to the network to third parties. To estimate the effects of...
Persistent link: https://www.econbiz.de/10014073305
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Fixed-Mobile Integration
Hoernig, Steffen - 2014
Often, fi xed-line incumbents also own the largest mobile network. We consider the effect of this joint ownership on market outcomes. Our model predicts that while fixed-to-mobile call prices to the integrated mobile network are more efficient than under separation, those to rival mobile...
Persistent link: https://www.econbiz.de/10013064429
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Regulation of network industries in the European Union and in Central and Eastern Europe
Major, Iván; Kiss, Károly M. - 2011
Cost-based pricing has dominated the regulatory regime of network industries - and first of all, the regulation of the … opening and liberalization in these industries; it abolished industry regulation in several segments of the market of network … industries. Now it applies so-called "cost-based pricing" in areas where regulation is still in place. CEE countries now use the …
Persistent link: https://www.econbiz.de/10009375061
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The Economics and Regulation of the Portuguese Retail Payments System
Evans, David S. - 2014
This study provides a detailed analysis of how the Portuguese payment system operates and how regulatory interventions, especially those involving price controls, would likely affect the interest of the various stakeholders in the system including consumers, merchants, banks, schemes, and...
Persistent link: https://www.econbiz.de/10013061381
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Railways Reform and Electricity Reform in Russia, and the Role of the Ministry for Antimonopoly Policy
Pittman, Russell W. - 2003
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...
Persistent link: https://www.econbiz.de/10014075403
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Regulation of Europe's network industries : the perspective of the new economic theory of federalism
Bickenbach, Frank - 2000
economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An … transaction-cost-political approaches. There has been some progress in recent years in developing such a "new economic theory of … federalism". Basic ideas and some insights of this theory are discussed with regard to the appropriate "federal" allocation of …
Persistent link: https://www.econbiz.de/10011491086
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Monopoly regulation through cost-based revenue caps employing a base year approach
Gräper, Gerrit; Mankat, Fabian - 2024
costs in a so-called base year. Such regulation is employed, among others, to govern electricity distribution operators in …. A connected set of price caps exists so that a hybrid regulation consisting of any element in this set and the cost …
Persistent link: https://www.econbiz.de/10014470709
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Assessing the Link between Standard Setting and Market Power
Layne-Farrar, Anne; Padilla, Jorge - 2010
Some policymakers, courts, and academics have expressed concerns that when a firm’s patents are incorporated into a standard, the inclusion can create market power for the patent holders that can then be abused when the standard is commercialized. This paper offers a critical assessment of...
Persistent link: https://www.econbiz.de/10014197197
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Power system transformation towards renewables : an evaluation of regulatory approaches for network expansion
Egerer, Jonas; Rosellón, Juan; Schill, Wolf-Peter - 2013
dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …
Persistent link: https://www.econbiz.de/10009771877