Ein geeigneter wettbewerblicher Rahmen für die deutsche Wasserwirtschaft
Due to recent European developments the question may no longer be if more competition should be introduced in the German water and sewerage sector. The issue rather is what kind of competition ought to be implemented. There are mainly three different approaches: Competition in the Market; Competition for the Market and the introductioin of a system of comparative efficiency. None of these approaches seem to solely fit for the fragmented structure of the German market. Therefore it is suggested to choose different regulatory approaches depending on the size of the company. Whereas incentives should be created for smaller companies to merge, the big ones should already start with a system of comparative efficiency. In the longer run the merged companies also ought to integrate into this regulatory system.
|Date of creation:||Oct 2003|
|Date of revision:|
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- Paul Klemperer, 1999.
"Auction Theory: A Guide to the Literature,"
- Klemperer, P., 1999. "Auction Theory: a Guide to the Literature," Economics Papers 1999-w12, Economics Group, Nuffield College, University of Oxford.
- Klemperer, Paul, 1999. "Auction Theory: a Guide to the Literature," CEPR Discussion Papers 2163, C.E.P.R. Discussion Papers.
- Paul Klemperer, 1999. "Auction Theory: A Guide to the Literature," Economics Series Working Papers 1999-W12, University of Oxford, Department of Economics.
- Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
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