Glachant, J-M-; Khalfallah, H.; Perez, Y.; Rious, V.; … - In: Competition and Regulation in Network Industries 14 (2013) 3, pp. 265-291
It is puzzling today to explain both the diversity and the rationale of regulators’ practice vis-à-vis network monopolies. We argue that two fundamental characteristics should be considered when defining the most appropriate regulatory tools. First, it is the bounded endowment of regulators...