This article analyzes the optimal contract design between an inventor and a developer. The inventor is privately informed on the value of his idea. The developer must exert some non-verifiable effort to improve the probability of success of this innovation but may also choose to opt out of the...

Dans le cadre de ce papier le modèle présenté permet de discuter certains aspects de l’Accès des Tiers au Stockage (ATS) dans le secteur gazier. Dans la lignée de la littérature sur les achats stratégiques dans les relations verticales, nous intégrons une activité intermédiaire de...

The process of deregulation in network industries, in particular in the electric sector, raises the problem of financing the Universal Service Obligations (USO) corresponding to the production, transport and distribution operations. In this paper, we study three ways of funding for an USO of...

The transition towards a more competitive regime in network industries (and specially in electricity sector) raises the relevant question of funding for the Universal Service Obligations (USOs). Our paper focuses on two ways of funding for universal service and equal treatment obligations...

Cet article s’intéresse au rôle stratégique de l’activité de stockage du gaz et de sa régulation lorsqu’il existe un marché spot de la ressource. Dans la lignée de la littérature sur ce thème, nous envisageons l’activité de stockage comme un instrument de flexibilité pour les...

This paper compares three schemes for funding Universal Service Obligations in network industries with an essential facility: an uplift to the network access charge, the establishment of a Universal Service (US) fund financed through a lump-sum tax and a US fund financed through a unit tax. The...

The process of deregulation in network industries, in particular in the electric sector, raises the problem of Þnancing the Universal Service Obligations (USO) corresponding to the production, transport and distribution operations. In this paper, we study three ways of funding for an USO of...

A universal service obligation (USO) that imposes ubiquity and uniform pricing constraints generally creates strategic links among markets served by the universal service provider (USP). In this paper, we show that adding a unit subsidy in the compensation scheme of a USO helps to counteract the...