risk management through contracting, and designing markets and regulation to ensure effective and sustainable competition … and gas. The Paper argues that there is unfinished business in the areas of regulation, restructuring, encouraging proper …

We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregulated foreign … market. We show how foreign activities by the regulated firm affect domestic regulation, consumers’ surplus and firm …

practitioners and economists, taking the existing regulatory environment as fixed. Based on the degree of existing regulation (full …

technology (cable) which is not subject to regulation, and what we discover is that inter-platform competition has a positive …

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 …

zero output values without losing its flexibility properties. The tests shed light on the respective roles of regulation …