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This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot simultaneously decrease the retail price and increase...
Persistent link: https://www.econbiz.de/10001957196
Persistent link: https://www.econbiz.de/10003335548
This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot simultaneously decrease the retail price and increase...
Persistent link: https://www.econbiz.de/10012705918
Persistent link: https://www.econbiz.de/10001250363
Persistent link: https://www.econbiz.de/10001599889
This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot simultaneously decrease the retail price and increase...
Persistent link: https://www.econbiz.de/10005809782
Persistent link: https://www.econbiz.de/10003407941
Persistent link: https://www.econbiz.de/10001586352
Persistent link: https://www.econbiz.de/10001625774