Cournot Competition with Stranded Costs
AbstractRecovery of stranded costs is perhaps the most litigious issue encountering regulators in promoting competition in United States and European utility industries. We build a dynamic model of Cournot competition which takes into account a particular regulatory mechanism regularly employed in United States and also in Spain for settling stranded costs payments, the competitive transition charges (CTC).
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Bibliographic InfoPaper provided by Centro de Estudios Monetarios Y Financieros- in its series Papers with number 0107.
Length: 45 pages
Date of creation: 2001
Date of revision:
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Postal: Centro de Estudios Monetarios Y Financieros. Casado del Alisal, 5-28014 Madrid, Spain.
Web page: http://www.cemfi.es/
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REGULATION ; UTILITIES ; OLIGOPOLIES;
Find related papers by JEL classification:
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- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
- L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General
- K20 - Law and Economics - - Regulation and Business Law - - - General
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