We study the recent evolution of the utilities services and regulation in Argentina. We focus, after a global approach to the issue in four domiciliary services: electricity, natural gas by piped network, telecommunications and water and sanitation. We show the changing policy approach and the...

Purpose – The purpose of this paper is to examine empirically whether the market discipline works, and if so, whether it is a complement or substitute of prudential regulation in the insurance markets. Market discipline is intended as “the power of … market forces … to evaluate and...

The objective of this paper is to analyze the efficiency of the water sector in Latin American countries. We try to find factors affecting efficiency rather than identifying which country or individual provider is more or less efficient. We also consider which model would be more fitting for the...

Purpose – The purpose of this paper is to examine empirically whether the market discipline works, and if so, whether it is a complement or substitute of prudential regulation in the insurance markets. Market discipline is intended as “the power of … market forces … to evaluate and...

Estudiamos la evolución reciente de la prestación y regulación de servicios de infraestructura en Argentina. Nos concentramos tras un análisis global del proceso, en cuatro servicios domiciliarios: electricidad, gas natural de red, telecomunicaciones y agua y saneamiento. Mostramos los...

The central hypothesis of this article is that liability regulation can foster firms' incentives to study the (potential) dangers of their products. We discuss alternative views and develop a formal model to analyze a firm's incentive structure under the application of hindsight liability. We...