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This papers studies the effects on service quality and consumer surplus of a minimum price which is fixed by a bureaucratic non-monopolistic professional association. It shows that the price floor set by a Niskanen-type professional assocation will maximize consumer surplus only if consumers...
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Normative Game theory does not consider cooperation in a Prisoners' Dilemma (PD) as a serious strategy. Recent research has, therefore, introduced nonmonetary values to explain why individuals may choose to cooperate in PD-Games. It is not explained, however, where the values come from. Under...
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Our paper deals with modeling the effects of introducing a market-based tool for improving end-users' efficiency in an energy market which is already regulated through a cap-and-trade system for green house gas emissions and a quota system meant to improve competitiveness of energy produced...
Persistent link: https://www.econbiz.de/10005068764
This paper compares the outcomes of corporate self-regulation and traditional ex-ante regulation of network access to monopolistic bottlenecks. In the model of self-regulation, the domestic gas supplier and network owner and the monopsonistic gas customer fix quantities and the network access...
Persistent link: https://www.econbiz.de/10005068794
We analyze the properties of progressive water tariffs that are often applied in the sector in the form of discretely increasing block tariffs (IBT). We are particularly interested in water tarification in a poverty context where a subsistence level of water has to be allocated to each...
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Die Vereinten Nationen haben das Jahr 2008 zum Internationalen Jahr der Sanitärversorgung ausgerufen. Der Weltwassertag am 22. März erhält damit eine besondere Bedeutung - nicht zuletzt, weil eines der zentralen Millenniumsziele der Vereinten Nationen verfehlt zu werden droht. Das Ziel, die...
Persistent link: https://www.econbiz.de/10005071038