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The Swedish Electricity Act states that electricity distribution must comply with both price and quality requirements. In order to maintain efficient regulation it is necessary to firstly, define quality attributes and secondly, determine a customer's priorities concerning price and quality...
Persistent link: https://www.econbiz.de/10005228330
We claim that a reason for why unregulated investor-owned local monopolies do not always charge the monopoly price is that they are threatened by customer complaints that may lead to retaliations from local elected officials. When investor-owned monopolies are exposed to this threat they will...
Persistent link: https://www.econbiz.de/10009422130
This study looks at how deregulation, privatisation and the formation of strategic alliances have affected the productivity of international airlines. We evaluate all three factors simultaneously and disaggregate the carriers' operations into production and sales and allow for unobserved...
Persistent link: https://www.econbiz.de/10009202340
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This study extends the standard econometric treatment of appellate court outcomes by 1) considering the role of decision-maker effort and case complexity, and 2) adopting a multi-categorical selection process of appealed cases. We find evidence of appellate courts being affected by both the...
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Benchmarks have been recommended for assessing the relative performance of local government services. However, these are often narrowly defined and therefore ignore important welfare dimensions. This paper proposes a framework for benchmarking based on a combination of production and cost...
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