pay to the infrastructure manager for access to the tracks and how these charges change with increased competition in the … prices per kilometer and increases total output in train kilometers. The regulatory agency reacts to more competition with a … operators' profits is ambiguous and depends on the degree of competition. We further show that social welfare always increases …

) Competition increases the chances of using crowdfunding compared to the monopoly case; (5) A non-monotonic relationship exists …

We study an industry with a monopolistic bottleneck (e.g. a transmission network) supplying an essential input to … suggests that consumers may benefit most from legal unbundling with strong regulation and parts of ownership given to a …

-maximizing platform can only charge a different entry fee to all network users. If profit-maximizing platform cannot charge sellers, i ….e. Net Neutrality regulation, will be more network users, more investment, and welfare is higher. If profit … welfare will be higher with the regulation than with the profit-maximizing platform. If network effects make sellers' surplus …

We study patterns of entry and exit in the German interurban bus industry in the first three years after its … monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … spatial perspective, three years after deregulation, the entire interurban bus network connects 60 percent of all 644 larger …

The capacity of the transmission network determines the extent of integration of a multinational energy market. Cross …-border externalities render coordination of network maintenance and investments across countries valuable. Is it then optimal to collect … powers in the hands of a single regulator? Should a common system operator manage the entire network? I show that optimal …

When a monopolist has discretion over the timing of infrastructure investments, regulation of post-investment prices … study regulation when the regulator can condition price caps on investment timing. We analyse optimal regulation when there … is asymmetric information on investment costs and regulation has to respect a budget constraint. We show that optimal …

We investigate the design of incentives for public good quality provision in a dynamic regulation setting in which … of information can lead to over-provision of quality under optimal regulation, reflecting a dynamic rent extraction …

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 …