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Infrastructure has particular challenges in public procurement, because it is highly complex and customized and often requires economic, political and social considerations from a long time horizon. To deliver public infrastructure services to citizens or taxpayers, there are a series of...
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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...
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What is the efficient cost of providing telecommunications services to a certain area or type of customer? As developing countries build up their capacity to regulate infrastructure monopolies, cost models are likely to prove increasingly important in answering this question, but without...
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La sostenibilidad del servicio es uno de los objetivos primordiales de todo regimen regulatorio. En la Argentina, en el caso del agua este objetivo de sostenibilidad se encuentra incluido en el decreto 999/92. Conceptos similares estan contenidos en las leyes de marco regulatorio de la...
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