With the postal sector moving to a one-way distribution market and the abolition of legal barriers to entry (the reserved sector) in postal markets, the possibilities for competition increase. In this paper, we investigate whether effective competition is likely to develop on its own, or whether...

The effectiveness of relative performance evaluation schemes, such as yardstick competition, can be undermined by collusion. The degree to which the regulated agents manage to collude will be affected by the particulars of the scheme. We hypothesize that in a repeated game setting schemes will...