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In this paper we study how the migration from an old to a new technology is affected by the access price to the old technology, when it is set after investments have taken place. We show that both the incumbent and the regulator are willing to set a very high access price to accelerate...
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The objective in this paperis to analyse the effect of a reduction in working time duration in a trade union model where Capital Operating Time occurs.
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In this paper we study the effects of opening an economy, with increasing returns in the production of non traded goods, on the existence of multiple Pareto-ranked stationary equilibria, local indeterminacy and bifurcations. We consider a standard Overlapping Generation Model of a small open...
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