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Regulación de monopolios naturales con información asimétrica: Una introducción

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  • Carlos Pombo

Abstract

Este artículo describe el modelo de regulación de costos con completa información y el modelo de Baron y Myerson de regulación de monopolios naturales con selección adversa dentro de un esquema de principal-agente en su versión discreta de dos tipos. El modelo resalta las distorsiones causadas por las rentas de información que el agente obtiene debido a que el regulador no conoce el verdadero parámetro de costos marginales de la firma. ************************************************************************* This paper analyses the model of cost regulation with complete information and the Baron & Myerson model of natural monopoly regulation with adverse selection based on a discrete, two types, principal-agent scheme. The model highlights the distortions caused by information rents gained by the agent due to the regulator does not know the firm's marginal costs.

Suggested Citation

  • Carlos Pombo, 2002. "Regulación de monopolios naturales con información asimétrica: Una introducción," Borradores de Investigación 3442, Universidad del Rosario.
    • Handle: RePEc:col:000091:003442
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    File URL: http://repository.urosario.edu.co/bitstream/handle/10336/10872/3442.pdf
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    References listed on IDEAS

    as
    1. Jean-Jacques Laffont & Jean Tirole, 1990. "Adverse Selection and Renegotiation in Procurement," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(4), pages 597-625.
    2. Berg,Sanford V. & Tschirhart,John, 1989. "Natural Monopoly Regulation," Cambridge Books, Cambridge University Press, number 9780521338936.
    3. Pombo, Carlos, 2001. "Regulatory reform in Colombia's electric utilities," The Quarterly Review of Economics and Finance, Elsevier, vol. 41(5), pages 683-711.
    4. Laffont, Jean-Jacques, 1994. "The New Economics of Regulation Ten Years After," Econometrica, Econometric Society, vol. 62(3), pages 507-537, May.
    5. Braeutigam, Ronald R, 1979. "Optimal Pricing with Intermodal Competition," American Economic Review, American Economic Association, vol. 69(1), pages 38-49, March.
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    More about this item

    Keywords

    Regulación; Teoría de Contratos; Monopolio Natural;
    All these keywords.

    JEL classification:

    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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