Arbeitspapier
Infrastructure quality in deregulated industries: Is there an underinvestment problem
We investigate how various institutional settings affect a network provider's incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide counter-examples. The introduction of downstream competition for the market can sometimes improve incentives. With suitable non-linear access prices investment incentives under separation become identical to those under integration.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 0209
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: Monopoly
Firm Organization and Market Structure
Legal Monopolies and Regulation or Deregulation
Railroads and Other Surface Transportation
- Thema
-
investment incentives
networks
quality
vertical externality
Versorgungswirtschaft
Investition
Institutionelle Infrastruktur
Deregulierung
Privatisierung
Theorie
Netzinfrastruktur
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Buehler, Stefan
Schmutzler, Armin
Benz, Men-Andri
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Zurich, Socioeconomic Institute
- (wo)
-
Zurich
- (wann)
-
2002
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Buehler, Stefan
- Schmutzler, Armin
- Benz, Men-Andri
- University of Zurich, Socioeconomic Institute
Entstanden
- 2002
Ähnliche Objekte (12)
Call For Papers: Symposium on "Deregulated Industries in Germany - Evidence and Expectations"
Are there any Cournot industries?
The overlooked option : self-regulation in infrastructure industries
Risk valuation in deregulated electricity markets
Macrophage Polarization is Deregulated in Haemophilia
Endogenous Asset Ownership Structures in Deregulated Markets
Deregulated DNA ADP-ribosylation impairs telomere replication
Transmission expansion planning in deregulated power systems
Quality infrastructure and natural disaster resiliency
The role of hydrogen in the process industries – implications on energy infrastructure
Deregulating network industries: Dealing with price-quality tradeoffs
Terahertz Quality Inspection for Automotive and Aviation Industries
Call For Papers: Symposium on "Deregulated Industries in Germany - Evidence and Expectations"
Are there any Cournot industries?
The overlooked option : self-regulation in infrastructure industries
Risk valuation in deregulated electricity markets
Macrophage Polarization is Deregulated in Haemophilia
Endogenous Asset Ownership Structures in Deregulated Markets
Deregulated DNA ADP-ribosylation impairs telomere replication
Transmission expansion planning in deregulated power systems
Quality infrastructure and natural disaster resiliency
The role of hydrogen in the process industries – implications on energy infrastructure
Deregulating network industries: Dealing with price-quality tradeoffs
Terahertz Quality Inspection for Automotive and Aviation Industries
Call For Papers: Symposium on "Deregulated Industries in Germany - Evidence and Expectations"
Are there any Cournot industries?
The overlooked option : self-regulation in infrastructure industries
Risk valuation in deregulated electricity markets
Macrophage Polarization is Deregulated in Haemophilia
Endogenous Asset Ownership Structures in Deregulated Markets
Deregulated DNA ADP-ribosylation impairs telomere replication
Transmission expansion planning in deregulated power systems
Quality infrastructure and natural disaster resiliency
The role of hydrogen in the process industries – implications on energy infrastructure
Deregulating network industries: Dealing with price-quality tradeoffs