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On the many ways Europeanization matters: the implementation of the water reform in Italy (1994-2006)
Asquer, Alberto - 2009
The research agenda of Europeanization is currently highly focused on issued related to what accounts for the 'horizontal' interaction between domestic actors and how these actors make use of stimuli originating from the EU. This paper aims to contribute to this line of inquiry through the case...
Persistent link: https://www.econbiz.de/10010266013
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A fair price for energy? Ownership versus market opening in the EU15
Fiorio, Carlo V.; Florio, Massimo - 2010
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10010270518
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Privatization in Italy 1993-2002: Goals, Institutions, Outcomes, and Outstanding Issues
Goldstein, Andrea - 2003
This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on … analysis of the consequences of privatization on corporate governance show that, notwithstanding considerable changes in the …
Persistent link: https://www.econbiz.de/10010315649
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The Big Sell: Privatizing East Germany's Economy
Mergele, Lukas; Hennicke, Moritz; Lubczyk, Moritz - 2020
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012314853
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State or Private Security Supply? An Analysis from the Institutional Economics Perspective
Bretschneider, Wolfgang; Freytag, Andreas; Rieckmann, … - 2022
The issue of internal security has become increasingly complex over the past decades. As there is an increasing overlap between private and public provision of security, the question of how to allocate responsibility for security between the public sphere (state) and the private sphere has...
Persistent link: https://www.econbiz.de/10014080050
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The Big Sell : Privatizing East Germany's Economy
Mergele, Lukas - 2020
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012822995
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Do firms sell forward for strategic reasons? An application to the wholesale market for natural gas
van Eijkel, Remco; Moraga-González, José Luis - 2010
Building on a model of the interaction of risk-averse firms that compete in forward and spot markets, we develop an empirical strategy to test whether oligopolistic firms use forward contracts for strategic motives, for risk-hedging, or for both. An increase in the number of players weakens the...
Persistent link: https://www.econbiz.de/10010275895
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Late Payments, Liquidity Constraints and the Mismatch between Due Dates and Paydays
Dahan, Momi; Nisan, Udi - 2020
This paper examines a small random liquidity shock to reveal the effect of liquidity constraints on late payment behavior. In Jerusalem, water bill due dates are randomly determined and therefore may occur just before or after social security paydays. We compared the likelihood of late payments...
Persistent link: https://www.econbiz.de/10012425639
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Water Tariffs and Consumers' Inaction
Ornaghi, Carmine; Tonin, Mirco - 2018
We study adoption by more than 150,000 households of an optional transitional water tariff implemented in the South-East of England in conjunction with an universal metering pro-gramme. We document how inertia leads customers to relinquish substantial financial gains, with less than a third of...
Persistent link: https://www.econbiz.de/10011872047
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Late Payments, Liquidity Constraints and the Mismatch between Due Dates and Paydays
Dahan, Momi; Nisan, Udi - 2021
This paper examines a small random liquidity shock to reveal the effect of liquidity constraints on late payment behavior. In Jerusalem, water bill due dates are randomly determined and therefore may occur just before or after social security paydays. We compared the likelihood of late payments...
Persistent link: https://www.econbiz.de/10013314857