In this study the authors analyze fixed broadband retail prices in Latin America and the Caribbean (LAC), and provide estimates about the effect of price changes on broadband adoption. The analysis is based on a survey of plans and tariffs conducted by the authors during Q2 2010. Their results...

A decade long experience shows that monitoring the performance of public and private monopolies in South America is proving to be the hard part of the reform process. The operators who control most of the information needed for regulatory purposes have little interest in volunteering their...

A decade of experience has shown that monitoring the performance of public and private monopolies is the hardest part of electricity sector reform in South America--because operators control most of the information needed for effective regulation. South American electricity regulators can reduce...

It is often argued that competition forces managers to make better choices, thus favoring managerial autonomy in decision making. I formalize and challenge this idea. Suppose that managers care about keeping their position or avoiding interference, and that they can make strategic choices that...

Worldwide privatization of the telecommunications industry and the introduction of competition in the sector, altogether with the ever-increasing rate of technological advance in telecommunications, raise new and critical challenges for regulation. For matters of pricing, universal service...

A point repeatedly stressed by transaction cost economics is that the more specific the asset, the more likely is vertical integration to be optimal. In spite of the profusion of empirical papers supporting this prediction, recent surveys and casual observation suggest that higher levels of...

Recent surveys and casual observation suggest that higher levels of asset specificity need not always lead to vertical integration, as traditionally stressed by transaction-cost economics. This paper uncovers some of the factors driving firms to (sometimes) choose to remain separated in the...

Worldwide privatization of the telecommunications industry, and the introduction of competition in the sector, together with the ever-increasing rate of technological advance in telecommunications, raise new and critical challenges for regulation. Fo matters of pricing, universal service...

Este trabajo discute la propuesta de permitir el acceso desagregado al bucle local en redes de telecomunicaciones desde una visión más amplia que la política regulatoria tradicional; la discusión se aborda desde un enfoque emparentado con las políticas de defensa de la competencia ligadas...