Showing 1 - 10 of 3,250
For quite a long time, network industries used to be regarded as (natural) monopolies. This was due to these industries having some special characteristics. Network externalities and economies of scale in particular justified the (natural) monopoly thesis. Recently, however, a trend towards...
Persistent link: https://www.econbiz.de/10003285766
Persistent link: https://www.econbiz.de/10012658856
Persistent link: https://www.econbiz.de/10003828686
Persistent link: https://www.econbiz.de/10003119357
Persistent link: https://www.econbiz.de/10001236868
Persistent link: https://www.econbiz.de/10001750998
Jarrell (1978) found that electricity prices rose in states that adopted state regulation before 1917, suggesting that … regulation more credibly protected specialized utility assets from regulatory opportunism than did the municipal franchise … between capacity and prices shifted upward under state regulation, potentially consistent with either explanation. At the same …
Persistent link: https://www.econbiz.de/10014089827
For quite a long time, network industries used to be regarded as (natural) monopolies. This was due to these industries having some special characteristics. Network externalities and economies of scale in particular justified the (natural) monopoly thesis. Recently, however, a trend towards...
Persistent link: https://www.econbiz.de/10011506581
Persistent link: https://www.econbiz.de/10012627666
Persistent link: https://www.econbiz.de/10012534793