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The paper analyses how information acquisition and transmission issues affect the determination of the optimal access pro.t-sharing plan in regulated network industries. It considers a regulated upstream monopoly with cost uncertainty and a downstream unregulated duopoly. It will be shown that,...
Persistent link: https://www.econbiz.de/10005802041
This paper tackles the issue of the welfare desirability of downstream integration versus separation when facing the problem of socially valuable information acquisition on the upstream cost in regulated network industries. I consider an upstream natural monopoly with cost uncertainty, regulated...
Persistent link: https://www.econbiz.de/10008553207
This paper considers a network industry characterized by an upstream natural monopoly with cost uncertainty, regulated through an access price mechanism, and an unregulated downstream market with Cournot competition. The upstream monopolist can acquire information on the upstream cost while the...
Persistent link: https://www.econbiz.de/10005750352
This paper analyses how information acquisition and transmission on the upstream cost affect the optimal access profit-sharing plan and the regulator’s choice of an information transmission regime in network industries characterized by a regulated upstream monopoly with cost uncertainty and an...
Persistent link: https://www.econbiz.de/10010578020
We analyze rehabilitation investments in a regulated water industry with perfectly inelastic demand. We compare alternative organizational solutions for local provision (municipalization, corporatization and privatization), though subject to a common regulatory mechanism. We can then assess the...
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