This study investigates the pricing regime choices between per-flight and/or per-passenger charges for international airports. Each country may choose (i) mix charges for per-flight and per-passenger charges, (ii) per-flight charges only, (iii) per-passenger charges only, and (iv)...

This study investigates congestion pricing and capacity investment for two interlinked countries (airports). Each country's home airline serves both airports, and passengers make a round trip. Under Bertrand-Nash behavior assumptions, we find the following. First, a country's locally optimal...

This study investigates airport pricing and capacity investment when passengers face schedule and congestion delays. Two countries' airports are served by each country's home carrier. Airports choose their charges on a per-flight and/or per-passenger basis. Carriers choose both quantities and...

To avoid high profit levels often experienced in countries where monopolies in public utility sectors are regulated through price-cap mechanisms, several regulatory agencies have recently introduced profit-sharing (PS) clauses aimed at obtaining price reductions to the benefit of consumers....

We introduce an analytical framework close to the canonical model of platfirm competition investigated by Rochet and Tirole (2006) to study pricing decisions in two-sided markets when two or more platfirms are needed simultaneously for the successful completion of a transaction. The model...

Performance-based regulation (PBR) is influenced by the Bayesian and non-Bayesian incentive mechanisms. While Bayesian incentives are impractical, the insights from their properties can be combined with practical non-Bayesian mechanisms for application to transmission pricing. This combination...

The sectoral allocation of labor differs considerably across developed economies, even in the presence of similar patterns of structural change. A general equilibrium model that captures the stylized facts of structural change is presented. In this framework, economy-wide barriers to entry...

We show that a minimum wage introduced in the presence of asymmetric information about worker productivities will lead to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric information.

In diesem Papier werden Ansatzpunkte zur Regulierung von Stromunternehmen auf ihre Effizienzeigenschaften untersucht. Zu diesem Zweck wird zunächst als analytischer Ausgangspunkt das institutionenökonomische Konzept des Regulierungsvertrags dargestellt und im Anschluß die...

In diesem Papier werden privatwirtschaftliche Koordinierungsstrukturen in der Stromwirtschaft auf ihre Effizienzeigenschaften untersucht. Zu diesem Zweck werden zunächst die technischen Besonderheiten der Stromwirtschaft analysiert und hierbei insbesondere die vertikalen und horizontalen...