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Governance by mutual benchmarking in postal markets : how state owned enterprises may induce private competitors to observe policy goals

Hettich, Peter - 2010

considerations. They argue that important policy goals like universal service will not be achieved by competition. However, an … my article, I describe a new concept of public-private competition, according to which governments use state owned … possible to extend public-private competition from urban to rural areas, where markets are too small to sustain more than one …

Persistent link: https://www.econbiz.de/10008738339

A Primer on the Welfare Effects of Regulatory Reforms in Network Industries

Ceriani, Lidia - 2015

Starting from an industry where production is provided by a public monopolist, we look at the effects on the consumers' surplus of a sequence of reforms in network industry. Using a simple comparative statics framework, we find indifference conditions in consumers' surplus between respectively...

Persistent link: https://www.econbiz.de/10013028353

Liberal Regulation : Privatization of Natural Monopolies with Adverse Selection

Auriol, Emmanuelle; Picard, Pierre M. - 2007

This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We consider a government maximizing total surplus but incurring some cost of public funds à la Laffont Tirole (1993). We propose a regulatory set-up in which firms are free to...

Persistent link: https://www.econbiz.de/10014052152