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Investment Incentives of a Regulated Dominant Firm

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Author Info

  • Biglaiser, G.
  • Ma, C.T.A.

Abstract

We study the investment incentives of a regulated, incumbent firm in a deregulation process. The regular cannot commit to a long-term regulatory policy, and investment decisions are taken before optimal regulatory policies are imposed.

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Bibliographic Info

Paper provided by Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) in its series UFAE and IAE Working Papers with number 340.96.

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Length: 23 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:aub:autbar:340.96

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Related research

Keywords: INVESTMENTS; REGULATION; DECISION MAKING;

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Cited by:
  1. João Vareda, 2007. "Unbundling and Incumbent Investment in Quality Upgrades and Cost Reduction," Working Papers 31, Portuguese Competition Authority.
  2. Ma, Ching-to Albert, 2004. "Public rationing and private cost incentives," Journal of Public Economics, Elsevier, vol. 88(1-2), pages 333-352, January.
  3. GROSSE Olivier & SEVI Benoît, 2005. "Dérégulation et R&D dans le secteur énergétique européen," Cahiers du CREDEN (CREDEN Working Papers) 05.07.59, CREDEN (Centre de Recherche en Economie et Droit de l'Energie), Faculty of Economics, University of Montpellier 1.
  4. Debande, Olivier, 2001. "Deregulating and privatizing statutory monopolies," Journal of Economics and Business, Elsevier, vol. 53(2-3), pages 111-137.

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