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| Title: | | Corporate Self-Regulation vs. Ex-Ante Regulation of Network Access: A Model of the German Gas Sector  |
| Authors: | | Meran, Georg von Hirschhausen, Christian R. |
| Issue Date: | | 2004 |
| Series/Report no.: | | DIW-Diskussionspapiere 436 |
| Abstract: | | This paper compares the outcomes of corporate self-regulation and traditional ex-ante regulation of network access to monopolistic bottlenecks. In the model of self-regulation, the domestic gas supplier and network owner and the monopsonistic gas customer fix quantities and the network access price, whereas the competitive fringe of foreign gas producers (third party) and the household customers are excluded from the agreement. The results are then compared with the outcome of traditional ex-ante regulation. We find that while industrial self-regulation leads to an exploitation of households, the effect on the foreign producers is unclear. |
| JEL: | | L95 D43 L13 L51 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
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