I examine the effects of privatization, in the form of acquisitions, in the Swedish electricity distribution sector. As the majority of the distribution networks remained publicly owned, I use a synthetic control method to identify the effects on price and labor efficiency. In comparison to...

Aus dem Spektrum des Regelungsbereichs netzgebundener Leistungen lassen sich zumindest drei Kernbereiche herauskristallisieren. Erstens: technische Regulierungsfunktionen: Standardisierung und Netzsicherheit. Zweitens: Versorgungssicherheit und Universaldienstziele. Drittens: die Abgrenzung...

Can regulation solve problems arising from a natural monopoly? This paper analyzes whether "unbundling", referring to regulations that enforce sharing of natural monopolistic infrastructure, prevents entrants from building new infrastructure. It models and estimates a dynamic entry game to...