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, challenge antitrust and regulation policy. The paper focuses 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 policy …
Persistent link: https://www.econbiz.de/10011490672
The 1990s witnessed significant regulatory changes in several Spanish network industries, such as electricity, telecommunications, natural gas and oil. This article provides an assessment of these developments, aiming to ascertain what goals policy-makers sought to achieve with the deregulation...
Persistent link: https://www.econbiz.de/10014074924
infrastructure providers increases. After some years these providers are often confronted with stricter state regulation that impacts … several infrastructure industries like power, telephone and railroads in the US and Germany it analyses self-regulation in …As governments continue to privatize infrastructure services like electricity or gas the importance of private …
Persistent link: https://www.econbiz.de/10003280490
-oriented regulator, NERSA. Regulatory governance theory proposes that regulation is most effective when the roles of different … regulation is challenged by a weak ministry, overlapping spheres of regulatory influence and competing goals amongst the parties …
Persistent link: https://www.econbiz.de/10012979672
This report is designed to be a self-contained introduction to performance-based regulation (PBR) with an emphasis on …-of-service regulation (COSR), the various forms of PBR and their efficiency properties, common misconceptions about PBR, the economic and …
Persistent link: https://www.econbiz.de/10013250138
The choice of whether to regulate firms or to allow them to compete is key. If the demand is sufficiently inelastic, competition entails narrower allocative inefficiencies but, also, smaller expected profits and, thus, weaker incentives to invest in cost reduction. Hence, deregulation should be...
Persistent link: https://www.econbiz.de/10012906047
The choice of whether to regulate firms or to allow them to compete is key. If the demand is sufficiently inelastic, competition entails narrower allocative inefficiencies but, also, smaller expected profits and, thus, weaker incentives to invest in cost reduction. Hence, deregulation should be...
Persistent link: https://www.econbiz.de/10014190873
The choice of whether to regulate firms or to allow them to compete is key. If the demand is sufficiently inelastic, competition entails narrower allocative inefficiencies but, also, smaller expected profits and, thus, weaker incentives to invest in cost reduction. Hence, deregulation should be...
Persistent link: https://www.econbiz.de/10014191829
Persistent link: https://www.econbiz.de/10012287170
We compare the welfare effects of different regulation schemes of electricity distribution utilities. The compared … regulation schemes are fixed price regulation, cost of service regulation, menu of cost-contingent contracts and simple menus of …. Our basic result is that welfare can be improved by changing the cost of service regulation scheme to the menu of …
Persistent link: https://www.econbiz.de/10014201213