. Therefore, this paper empirically assesses the effects of regulation, privatization and liberalization reforms, as well as their …. However, the simultaneous presences of the other reforms in terms of regulation-competition and privatization … privatization of the main incumbent operator and the fixed-line market's liberalization affect the sector's performance negatively …

This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We …-up allows governments to avoid re-funding moneyloosing firms and that welfare is larger than under traditional regulation where …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation …. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in …-post with the private firms. This ex-post contracting set-up allows more flexibility than traditional regulation where …

This paper studies the effect of soft-budget constraints in a pure adverse selection model of monopoly regulation. We …

The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation … to regulation is proposed in which firms are free to enter the market and to choose their price and output levels … than traditional regulation where governments commit to both investment and operation cash-flows. This is especially …