This paper examines forms of airport regulation and privatization, taking into account of behavior of public … socially superior depends on the extent of efficiency gains and regulation, as well as the regulatory forms. Full privatization … welfare than partial privatization. However, a full privatization without regulation yields a monopoly and related distortions …

begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its … commitment powers are limited. The chapter then analyzes the design of practical policies, such as price cap regulation, that are …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter …

regulation protected marketplace, and permitted industry cartel, to open aggressive competition). In this article the orthodoxy …

the period 2002-2005. Our approach is based on the fact that regulation changes firms' incentives and therefore their … market behavior. In the absence of any regulation firms would choose profit- maximizing prices on their residual demands so … that the observed gap between optimal and actual prices provides a measure of the effect of regulation. Our results …

subject to regulation in many countries. This paper examines the impact of regulatory intervention to cut termination rates of … with pre-paid cards, where regulation also acts as impediment to “raise-each-other's-cost” collusive strategies that mobile …