In this paper we look at the relative merits of two capacity utilization regimes in the merchant electricity transmission network: Must offer (Mo) where the entire capacity installed is made available for transmission and Non Must Offer (NMo) where some capacity could be withheld. We look at two...

Intro -- Contents -- Series Foreword -- I Introduction -- 1 Public Infrastructure Provisioning -- 2 Actors and Innovations in the Evolution of Infrastructure Services -- II Investment, Growth, Policy Issues -- 3 Population Density, Optimal Infrastructure, and Economic Growth -- 4 Infrastructure...

Central-government politicians channel resources to sub-national entities for political gains. We show formally that the central politicians' allocation decision has two drivers: political alignment (between central and local politicians) and the level of local political accountability. However,...