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concession auctions when they expect more competition. In addition, we observe that this effect is larger for projects where the …
Persistent link: https://www.econbiz.de/10014214587
more competition. In addition, we observe that this effect is larger for projects where the common uncertainty is greater …
Persistent link: https://www.econbiz.de/10005059108
A mandatory open-network-provision (ONP) by dominant firms is the appropriate government regulation in the presence of … network externalities. For basic telephone services and online services, a permanent ONP regulation seems indispensable … appropriate price-ceilings for network-access under ONP regulation. In order to avoid the specific disadvantages of both …
Persistent link: https://www.econbiz.de/10010265333
for the relationship between competition and regulation in these industries. A discussion of alternative regulatory rules …This paper starts by analyzing the consequences that technical and economic charactcristics of network industries have …
Persistent link: https://www.econbiz.de/10010265429
Liberalized electricity markets are characterized by fluctuating priceinelastic demand of non-storable electricity, often defined by a substantial market share held by one or few incumbent firms. These characteristics have led to a controversial discussion concerning the need for and the design...
Persistent link: https://www.econbiz.de/10010253387
attempt to equalize competition among mobile wireless competitors. In this Bulletin, we review the Justice Department … not be directed at equalizing competition among competitors, but the DOJ's recommendation is plainly aimed at doing so. We …
Persistent link: https://www.econbiz.de/10013081547
The multiple payments settlement systems available in the United States differ on several dimensions. The Fedwire Funds Service, a utility that operates a U.S. large-value payments-settlement service, offers the fastest speed of settlement. Recognizing that payments differ in the urgency with...
Persistent link: https://www.econbiz.de/10013017570
, would discourage entry by making it impossible for peak power suppliers to recover capital costs. The wholesale electricity …
Persistent link: https://www.econbiz.de/10014060636
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Persistent link: https://www.econbiz.de/10001480713