EconStor >
Albert-Ludwigs-Universität Freiburg im Breisgau >
Institut für Verkehrswissenschaft und Regionalpolitik, Universität Freiburg >
Diskussionsbeiträge, Inst. f. Verkehrswissenschaft u. Regionalpolitik, Universität Freiburg >

Please use this identifier to cite or link to this item:
Title:Stepping stones and access holidays: The fallacies of regulatory micro-management PDF Logo
Authors:Knieps, Günter
Zenhäusern, Patrick
Issue Date:2009
Series/Report no.:Diskussionsbeiträge // Institut für Verkehrswissenschaft und Regionalpolitik 123
Abstract:Good intentions are no substitute for sound economic regulation. Using the 'investment ladder' as the stick and access holidays as the carrot is hardly an effective way to generate competition. On the contrary, this approach creates a regulatory spiral. What regulators plead for today is in effect an obligatory sharing regime for nearly all network elements. However, this splitting up of networks into their elements by ad hoc regulatory interventions is destroying consumer welfare. Instead, rule-based regulation of network-specific market power should be implemented by means of a disaggregated regulatory mandate, limiting incentive regulation to essential facilities as a whole.
Document Type:Working Paper
Appears in Collections:Diskussionsbeiträge, Inst. f. Verkehrswissenschaft u. Regionalpolitik, Universität Freiburg

Files in This Item:
File Description SizeFormat
601244605.pdf120.71 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.