Download or read book Competition in Network Industries written by Michael Klein and published by . This book was released on 1997 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Towards Competition in Network Industries written by Paul J.J. Welfens and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition in network industries faces particular problems which are analyzed from both a theoretical and policy perspective. Issues of vertical integration, deregulation and privatization are covered. While competition and privatization are rapidly unfolding in telecommunications in Western and Eastern Europe, energy and railway transportation represent sectors of more gradual liberalization. The different market characteristics of telecommunications, energy and transportation raise consistency problems in the fields of deregulation, investment strategies and internationalization. While transformation policies create opportunities for liberalization in Eastern Europe and Russia the latter shows critical problems in ending monopoly and state ownership. Network industries could be subject to competition and promise major investment opportunities plus consumer benefits.
Download or read book Competition in Network Industries written by Michael U. Klein and published by World Bank Publications. This book was released on 1996 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Competition in Network Industries written by Michael U. Klein and published by . This book was released on 2016 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debate about whether and ...
Download or read book Competition in Network Industries written by Michael Klein and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: April 1996 Debate about whether and how to introduce competition in network industries -- including transport, power, and telecommunications -- is sometimes heated. Klein contends that in case of doubt, policymakers should not restrict the entry of competitive firms in such networks. If they do, he says that entry restrictions should be subject to an automatic test after a set period, and reviewed for costs and benefits. A wave of privatization is sweeping the globe, affecting about 100 countries and adding up to an average of more than $60 billion a year in business in the past decade. The challenge is to ensure that privatization yields clear benefits. Empirical studies suggest that ownership change by itself will often yield results, especially when it reduces government interference. But the regulation required in areas of natural monopoly can become overly intrusive and undermine progress. Real competition is required to generate sizable and lasting welfare improvements. But in infrastructure sectors, the introduction of competition is complicated by the existence of complex transport and communications networks. Debate about whether and how to introduce competition in network industries is sometimes heated. Certain questions recur: Will continuing regulation be needed? Whether and at what terms will private finance be forthcoming? Klein argues that policymakers need to understand how competitive forces can be brought to bear in network industries. He explains: * Common principles that are often lost in technical debates about specific sectors. * Various methods for introducing competition in network industries (sketching broad regulatory requirements along the way). * Competition for the market, and bidding for franchises. * Options for competition for existing networks, including open access arrangements, pooling of homogeneous services such as electricity and natural gas, and timetabling (the competitive determination of service delivery for nonhomogeneous services that need to be sent to specific endpoints). * Options for expanding competitive systems by decentralizing investment in new network capacity. * The option of allowing competition among multiple networks. * The implications of these options for the sectors and for financing industry expansion. In case of doubt, he contends, policymakers should not restrict the entry of competitive firms in such networks. If they do, entry restrictions should be subject to an automatic test after a set period, and reviewed for costs and benefits. This paper is a product of the Private Sector Development Department.
Download or read book Competition and Regulation in Network Industries written by Jean-Marc Zogheib and published by . This book was released on 2021-10-13 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: While particularly dynamic and innovative, the digital and telecommunication industries are found to have a great tendency towards concentration, resulting in strong market power and raising concerns from competition and regulatory authorities. In this study focusing on such network industries, Jean-Marc Zogheib explores the interplay between public policy and firms' strategies by combining various tools of theoretical economic analysis adopted from industrial economics, network economics, and platform economics. Mr. Zogheib's thesis consists of three distinct essays: the first chapter examines how merger policy affects firms' entry strategies, the second chapter shifts the focus to public intervention by considering how the coexistence of private and public players affects competition and investment, while the third chapter investigates the role of privacy in competition between digital platforms and the importance of consumer data in the competitive analysis of mergers. This book clearly illustrates how economics can contribute essential building blocks to the construction of competitive reasoning and how the integration of competition law into economic models extended their collective utility. An important read for lawyers and economists alike. The book was awarded the inaugural Concurrences PhD Award in Economics.
Download or read book Competition in Telecommunications written by Jean-Jacques Laffont and published by MIT Press. This book was released on 2001 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors analyze regulatory reform and the emergence of competitionin network industries using the state-of-the-art theoretical tools ofindustrial organization, political economy, and the economics ofincentives.
Download or read book Competition Policy in Network Industries written by Frank Fichert and published by LIT Verlag Münster. This book was released on 2007 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The promotion of competition in Europe's network industries has been in the foreground of economic policy in recent years. Network industries have undergone dramatic changes, involving privatisation, liberalisation and de- as well as re-regulation. But there are still many unresolved problems in both economic policy as well as economic research. Hence, a vivid exchange between academics and policy makers has emerged to find the optimal framework for these industries. This volume contributes to this discussion, containing several papers on various network industries.
Download or read book Emerging Issues in Competition Collusion and Regulation of Network Industries written by Antonio Estache and published by CEPR. This book was released on 2011 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive review of the vast economic literature covering the governance issues of network industries and suggests paths to improve their efficiences.
Download or read book The Economics of Network Industries written by Oz Shy and published by Cambridge University Press. This book was released on 2001-01-08 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces upper-level undergraduates, graduate students, and researchers to the latest developments in network economics, one of the fastest-growing fields in all industrial organization. Network industries include the Internet, e-mail, telephony, computer hardware and software, music and video players, and service operations in the banking, legal, and airlines industries among many others. The work offers an overview of the subject matter as well as investigations about specific industries. It conveys the essential features of how strategic interactions between firms are affected by network activity, as well as covering social interaction and its influence on consumers' choices of products and services. Virtually no calculus is used in the text, and each chapter ends with a series of exercises and selected references. The text may be used for both one- and two-semester courses.
Download or read book Network Industries written by Matthias Finger and published by Routledge. This book was released on 2019-06-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unique challenges associated with understanding network industries requires insights from a range of disciplinary perspectives, namely economics, engineering, law, and political science. This book analyzes the de- and re-regulation of the network industries and the regulatory challenges these industries will face in the future. Network industries are characterised by economics that entail limiting effects on competition and market creation, and the book highlights the drivers behind their liberalization as well as the inherent need for regulation as liberalization unfolds. By way of an historical approach, the author offers insights into the distinctive approaches between Europe and North America in the past whilst also presenting the pervasive role digitalization increasingly comes to play. A concise overview of the state of thinking about the network industries, this book will be vital reading for researchers, advanced students and practitioners.
Download or read book Network Economics written by Günter Knieps and published by Springer. This book was released on 2014-11-14 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook on network economics provides essential microeconomic instruments for the analysis of network sectors like telecommunications, transport or energy. Network-specific characteristics emerge both on the cost side and benefit side, requiring network providers to develop innovative entrepreneurial competition strategies for costing, pricing, and investment. From a competition policy perspective, a number of interesting questions arise: In which parts of networks is competition functional? In contrast, where is an abuse of market power to be expected? What is the division of labor between cartel authorities and regulatory agencies? The book develops an analytical framework for all network industries which allows readers to study entrepreneurial strategies as well as regulation and competition policies for network industries.
Download or read book Economies of Network Industries written by Hans Werner Gottinger and published by Routledge. This book was released on 2003-03-20 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revealing book examines different types of network industries such as railways, telecommunications and new media, and investigates their economics with an accent on history makes it stand apart from others in the area. Hans Gttinger's accessible writing style and knowledgeable research makes this book recommended reading for all those in
Download or read book The Economics of Network Industries written by Oz Shy and published by Cambridge University Press. This book was released on 2001-01-08 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces upper-level undergraduates to network economics, the fastest-growing area of industry.
Download or read book Opening Networks to Competition written by David Gabel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Gabel and David F. Weiman The chapters in this volwne address the related problems of regulating and pricing access in network industries. Interconnection between network suppliers raises the important policy questions of how to sustain competition and realize economic efficiency. To foster rivalry in any industry, suppliers must have access to customers. But unlike in other sectors, the very organization of network industries creates major impediments to potential entrants trying to carve out a niche in the market. In traditional sectors such as gas, electric, rail, and telephone services, these barriers take the form of the large private and social costs necessary to duplicate the physical infrastructure of pipelines, wires, or tracks. Few firms can afford to finance such an undertaking, because the level of sunk costs and the very large scale economies make it extremely risky. In other newer sectors, entrants face less tangible but no less pressing constraints. In the microcomputer industry, for example, high switching costs can prevent users from experimenting with alternative, but perhaps more efficient hardware platforms or operating systems. Although gateway technologies can reduce these barriers, the installed base of an incumbent can create powerful bandwagon effects that reinforce its advantage (such as the greater availability of compatible peripherals and software applications). In the era of electronic banking, entrants into the automated teller machine· (A TM) and credit card markets face a similar problem of establishing a ubiquitous presence.
Download or read book The Reform of Network Industries written by Massimo Florio and published by Edward Elgar Publishing. This book was released on 2017-12-29 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Network industries such as electricity, gas, rail, local public transport, telecommunications and postal services are recognised by the EU as crucial for fostering European social and territorial cohesion. Providing an overview of key policy reforms in these industries and an empirical evaluation, this thought-provoking book offers a critical perspective on the functioning of the networks that provide vital services to EU citizens.
Download or read book International Handbook of Network Industries written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2011 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'To learn about how economic and institutional forces have shaped the network industries and policies towards them, read the first part of the book. To discover their impacts on particular industries, read the second part. And to find out what has happened in particular countries, read the third part. I think anyone interested in network industries should read all of it! The book's structure allows for many interesting comparisons across countries and sectors.' Richard Green, University of Birmingham, UK 'This is a very useful and comprehensive guide to reforms in network industries in communications, energy, transport and water. It is organized by generic topic, sector and region. Its authors are acknowledged experts. I am confident that this Handbook will be a widely read and valuable resource for many years.' Martin Cave, London School of Economics, UK 'Quite an accomplishment, this Handbook provides by far the most comprehensive overview of the role of the private sector and competition in infrastructure industries, with thoughtful surveys of each of the major infrastructure sectors and of the key regions and countries.' José Gómez-Ibáñez, Harvard University, US In recent decades, all infrastructures have undergone significant restructuring. This worldwide phenomenon is often labelled 'liberalization' and although expectations were high with respect to lower prices, greater efficiency and innovation, the expected gains have not always been fully realized. This extensive, state-of-the-art Handbook provides a comprehensive overview of the various experiences of liberalization across different sectors, regions and disciplines. The multidisciplinary approach focuses on the economic, political and institutional aspects of liberalization as well as, to a lesser extent, on technological issues. As such, it constitutes a unique contribution, as this broad overview is often lost in the sector specific, country-focused and purely disciplinary approaches prevalent in the current literature. Sectors explored include telecoms, the Internet, energy and transport, whilst the truly global perspective incorporates unique case studies from an array of developed and developing countries including the US, China, India and the EU. The International Handbook of Network Industries will become the definitive volume for academics researchers and students of economics, political science and law interested in infrastructure regulation. It will also prove a valuable guide to practitioners and policy-makers involved in liberalization and competition.
