Incomplete Regulation, Competition and Entry in Increasing Returns to Scale Industries

The paper analyzes the effects of liberalization in increasing returns to scale industries. It studies the optimal regulation of an incumbent competing with an unregulated strategic competitor, when public funds are costly. The model shows a trade off between productive and allocative efficiency. Mo...

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Bibliographic details
Main Author: Biancini, Sara
Format: Paper
Language: English
Place of publication: 2009
Related: THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Data of publication: 2009
Series: THEMA Working Papers
Subjects:
Online Access: available in Bonn?
Database: RePEc
RePEc IDEAS
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