This paper examines the response of the water and electricity group companies to regulatory pressure and in particular, the first regulatory price review after privatisation. The sample period incorporates industry-specific regulatory price reviews in both the water and electricity sectors and...

One of the most heated debates in the current efforts to re-write the Communications Act has been whether the federal government should impose "Network Neutrality" requirements on broadband service providers. While we argue neither for nor against the need for Network Neutrality legislation in...

Licensed to nonprofit educational entities, the 2500-2690 MHz band of spectrum has been plagued by overly intrusive governmental policy since its inception over forty years ago. As a consequence, this spectrum is woefully underutilized. In 2004, the Federal Communications Commission recognized...

This work analyses whether there are reasons for regulators to control the capital structures of utilities firms. That control is commonly seen as a suitable ex-ante form of prevention of financial distress. The case of UK utilities is used as case study. It is shown that various concerns...

Elbert Dijkgraaf defended his PhD-thesis 'Regulating the Dutch Waste Market' on 5 November 2004. This thesis analyses whether the risen costs of waste collection and treatment can be diminished by changing policy instruments. The thesis shows that user fees are very effective in reducing the...

Price and quantity regulations, as well as statutory vehicle and driver standards, for the taxi and PHV sector have long been justified on grounds of imperfect information (OECD 2008). The nature of taxi markets in the pre-digital era was such that searching (finding and sorting through the...

Over the past two years, there has been a worldwide regulatory backlash against new smartphone-app-based Private Hire Vehicle (PHV) operators, with Uber probably being the most emblematic one. While a few regulatory clarifications can be justified, the vast majority of measures have been...

Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...

Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...

Research on the launch of new products in the international realm is scarce. The present paper is the first to document how launch window (difference in months between the first worldwide launch and the subsequent launch in a specific country) and launch price are interrelated and how regulation...