Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/76237 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Working Paper No. 0402
Verlag: 
University of Zurich, Socioeconomic Institute, Zurich
Zusammenfassung: 
This paper examines the effects of introducing competition into monopolized network industries on prices and infrastructure quality. Analyzing a model with reduced-form demand, we first show that deregulating an integrated monopoly cannot simultaneously decrease the retail price and increase infrastructure quality. Second, we derive conditions under which reducing both retail price and infrastructure quality relative to the integrated monopoly outcome increases welfare. Third, we argue that restructuring and setting very low access charges may yield welfare losses, as infrastructure investment is undermined. We provide an extensive analysis of the linear demand model and discuss policy implications.
Schlagwörter: 
infrastructure quality
deregulation
investment incentives
access charges
regulation
JEL: 
D43
L43
Dokumentart: 
Working Paper

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