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Investment Incentives of a Regulated Dominant Firm

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Author Info
Biglaiser, G.
Ma, C.T.A.

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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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Publisher 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;

Other versions of this item:

Find related papers by JEL classification:
L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
K20 - Law and Economics - - Regulation and Business Law - - - General
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Vareda, João, 2007. "Unbundling and Incumbent Investment in Quality Upgrades and Cost Reduction," FEUNL Working Paper Series wp526, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
  2. repec:mop:credwp:05.07.59 is not listed on IDEAS
  3. João Vareda, 2007. "Unbundling and Incumbent Investment in Quality Upgrades and Cost Reduction," Working Papers 31, Portuguese Competition Authority. [Downloadable!]
Statistics
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