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The Value of Democracy: Evidence from Road Building in Kenya

Burgess, Robin; Jedwab, Remi; Miguel, Edward; Morjaria, … - C.E.P.R. Discussion Papers - 2013

Ethnic favoritism is seen as antithetical to development. This paper provides credible quantification of the extent of ethnic favoritism using data on road building in Kenyan districts across the 1963-2011 period. Guided by a model it then examines whether the transition in and out of democracy...

Persistent link: https://www.econbiz.de/10011083459

Fixed-Mobile Integration

Bourreau, Marc; Cambini, Carlo; Hoernig, Steffen - C.E.P.R. Discussion Papers - 2013

Often, fixed-line incumbents also own the largest mobile network. We consider the effect of this joint ownership on market outcomes. Our model predicts that while fixed-to-mobile call prices to the integrated mobile network are more efficient than under separation, those to rival mobile networks...

Persistent link: https://www.econbiz.de/10011083776

Travel Demand Model with Heterogeneous Users and Endogenous Congestion: An application to optimal pricing of bus services

Batarce, Marco; Ivaldi, Marc - C.E.P.R. Discussion Papers - 2011

We formulate and estimate a structural model for travel demand, in which users have heterogeneous preferences and make their transport decisions considering the network congestion. A key component in the model is that users have incomplete information about the preferences of other users in the...

Persistent link: https://www.econbiz.de/10009493565

Competition and Industry Structure for International Rail Transportation

Friebel, Guido; Ivaldi, Marc; Pouyet, Jérôme - C.E.P.R. Discussion Papers - 2011

This paper investigates various options for the organization of the railway industry when network operators require the access to multiple national networks to provide international (freight or passenger) transport services. The EU rail system provides a framework for our analysis....

Persistent link: https://www.econbiz.de/10009207524

Regulation, Privatization, and Airport Charges: Panel Data Evidence from European Airports

Bilotkach, Volodymyr; Clougherty, Joseph A.; Mueller, … - C.E.P.R. Discussion Papers - 2011

main empirical results indicate that aeronautical charges are lower at airports when single-till regulation is employed …, when airports are privatized, and -- tentatively -- when ex-post price regulation is applied. Furthermore, hub airports … generally set higher aeronautical charges, and it appears that price-cap regulation and the presence of nearby airports do not …

Persistent link: https://www.econbiz.de/10009351519

Third Party Monitoring and Golden Parachutes

Iossa, Elisabetta; Legros, Patrick - C.E.P.R. Discussion Papers - 2001

When today’s actions can affect tomorrow's value of an asset and when the principal does not have access to hard information, either about productive activity or monitoring activity, two incentive problems must be simultaneously solved: first, the ‘ex-ante’ moral hazard problem of inducing...

Persistent link: https://www.econbiz.de/10005504381

Footloose Monopolies: Regulating a "National Champion"

Calzolari, Giacomo; Scarpa, Carlo - C.E.P.R. Discussion Papers - 2007

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 …

Persistent link: https://www.econbiz.de/10005504706

Price Squeezes in a Regulatory Environment

Bouckaert, Jan; Verboven, Frank - C.E.P.R. Discussion Papers - 2003

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

Persistent link: https://www.econbiz.de/10005497999

Strategic Trade and Industrial Policy.

Corden, W.M. - Research School of Economics, College of Business and … - 1995

This paper examines 1) oligolopoly and strategic trade policy 2) industrial policy 3) Japanese industrial policy: what difference did it make.

Persistent link: https://www.econbiz.de/10004971412

Unbundling the incumbent: Evidence from UK broadband

Nardotto, Mattia; Valletti, Tommaso; Verboven, Frank - C.E.P.R. Discussion Papers - 2012

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

Persistent link: https://www.econbiz.de/10011083592