What is a good balance between competition and coordination in network industries? Network unbundling aims to promote … competition, but this has to be balanced against the downside of unbundling: firm-internal coordination falls away and must be … coordination. This paper examines three persistent sources of flawed coordination: 1) a regulation versus unbundling dilemma, 2 …

We try to better understand the comparative advantages of structural and behavioral remedies of deregulation in … one more competitor by divestiture. Our study contributes to the literature by introducing more realistic cost … concentration by divestiture …

We try to better understand the comparative advantages of structural and behavioral remedies of deregulation in … one more competitor by divestiture. Our study contributes to the literature by introducing more realistic cost … concentration by divestiture …

The purpose of this research is to evaluate the impact of vertical unbundling on German electric utilities. Our … supply. Overall, we have two main conclusions. First, the major step in the unbundling process is from "lean legal unbundling …" to "fat legal unbundling"; additional steps beyond that are small, both in benefits and in costs. Second, the benefits of …

increase the number of competitors by divestiture, which leaves the aggregate stock of production assets constant. Our results …