more favourable loan package; that it is associated with over-investment even when investment does not create collateral …

whether foreign direct investment affects the behaviour of local firms with respect to investment, product innovation and … perception and eality. The presence of foreign investment has not affected the behaviour of the vast majority of domestic firms … in terms of their investment, production of similar products to foreign firms, production of different products to avoid …

This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … supply industry, although the analysis may apply also to other network industries. In an electric- ity system, the investment …. We adopt a three-stage profit-optimized investment model, with a (regulated) monopoly network and two asymmetrical …