This paper analyses the incentives to upgrade input quality in vertically related (network) industries. Upstream investments have a biased effect on the downstream companies and lead to vertical product differentiation. Different vertical structures such as vertical integration, ownership and...

Regulating seaports is difficult in general, even more so for the weak regulatory institutions common in developing countries. For this reason some countries have awarded these facilities via Demsetz auctions, to the port operator that bids the lowest cargo-handling fee. A major concern with...

Denna rapport analyserar Trafikverkets, Transportstyrelsens, Konkurrensverkets och Konsumentverkets aktiviteter med järnvägs- och kollektivtrafikmarknaderna under januari till augusti 2012. Vi finner inga indikationer på att företag av Trafikverket förfördelats i tilldelningen av...

Denna rapport analyserar Trafikverkets, Transportstyrelsens, Konkurrensverkets och Konsumentverkets aktiviteter med järnvägs- och kollektivtrafikmarknaderna under 2011. Vi finner inga indikationer på att företag av Trafikverket förfördelats i tilldelningen av järnvägskapacitet. Däremot...

The dissertation attempts to see whether liberalizing Pakistan’s national rail transport system will enable the latter to grow sustainably. First an assessment of existing literature on the subject was conducted. Then Pakistan’s national rail transport system is studied in a multi-facet...

"Regulatory reform" once meant either "alternatives to rate-of-return regulation" or "the advantages of privatization". Now that a broad consensus has been reached on each of these two topics, at least among economists, one subject that has moved to center stage is "vertical restructuring". Many...

Naturally monopolistic network industries are subject to regulation of access to market and charging in order to achieve optimal use of infrastructure and avoid the abuse of monopoly power. Relatively little is known what results does such regulation generate and whether it achieves objectives....

What is a good balance between competition and coordination in network industries? Network unbundling aims to promote competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be replaced by external market mechanisms. This is a...

The economic regulation of railway infrastructure in Australia covers all links which are part of the interconnected rail system in Australia, since such infrastructure represents a natural monopoly. However, railways form part of logistics chains and the extent to which monopoly power can...