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CROSSING DUPUIT'S BRIDGE AGAIN: A TRIGGER POLICY FOR EFFICIENT INVESTMENT IN INFRASTRUCTURE
SALANT, DAVID J.; WOROCH, GLENN A. - In: Contemporary Economic Policy 9 (1991) 2, pp. 101-114
This paper borrows Dupuit's parable of a bridge so as to reexamine the problem of selecting and financing public investment projects in a dynamic and strategic setting. A regulator imposes a price ceiling, and a firm makes a sunk investment each period. Three simple examples reveal the...
Persistent link: https://www.econbiz.de/10005044762
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CROSSING DUPUIT'S BRIDGE AGAIN: A TRIGGER POLICY FOR EFFICIENT INVESTMENT IN INFRASTRUCTURE
SALANT, DAVID J.; WOROCH, GLENN A. - In: Contemporary Economic Policy 9 (1991) 1, pp. 101-114
This paper borrows Dupuit's parable of a bridge so as to reexamine the problem of selecting and financing public investment projects in a dynamic and strategic setting. A regulator imposes a price ceiling, and a firm makes a sunk investment each period. Three simple examples reveal the...
Persistent link: https://www.econbiz.de/10005044871
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Facilities Competition and Local Network Investment: Theory, Evidence and Policy Implications
WOROCH, GLENN A. - In: Industrial and corporate change 7 (2013) 4, pp. 601-600
Persistent link: https://www.econbiz.de/10010111933
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Introduction: Convergence, Regulation, and Competition
KATZ, MICHAEL L.; WOROCH, GLENN A. - In: Industrial and corporate change 6 (2013) 4, pp. 701-700
Persistent link: https://www.econbiz.de/10010111959