This chapter provides a comprehensive overview of the theoretical and empirical literature
on the regulation of natural monopolies. It covers alternative definitions of natural monopoly …

Investment in broadband communications and its infrastructures (the so-called Next
Generation Networks) is receiving extraordinary attention from policy makers all over the …

While neoclassical models assume static cost-minimization by firms, agency models suggest
that firms may not minimize costs in less-competitive or regulated environments. We test this …

Over the last thirty years several network industries that evolved historically as either state-
owned or private regulated vertically integrated monopolies have been privatized …

The last thirty years have witnessed a fundamental change in the regulation of infrastructure
industries. Whereas firms were subject to rate of return regulation and protected from entry in …

Over the last 20 years, incentives in general and price caps in particular have breathed new
life into public utility regulation. Price caps successfully combine incentives for cost reduction …

This paper investigates the relationship between investment and regulatory regimes
(incentive vs. rate-of-return regulation) for a sample of EU energy utilities from 1997 to 2007 …

Economic regulation affects us all, shaping how we access essential services such as water,
energy and transport, as well as how we communicate with one another in the digital world …

Regulation, innovation and competitiveness in global markets have been discussed for
several decades. Recently, policy makers have started to extend their focus towards the …

A growing number of countries are reexamining telecommunications policies in search of
approaches that better support investment and innovation in advanced communication …