Water under the Bridge: Determinants of Franchise Renewal in Water Provision

9 avril 2015 Chong, E., Saussier S., and Silverman B.,Journal of Law, Economics and Organization, 31 (suppl 1): i3-i39, (2015) — L’article Abstract : Since Williamson’s 1976 study of franchise bidding for natural monopolies, there has been extensive debate concerning the degree to which transaction‐cost problems actually afflict government franchising in practice. We contribute to this debate by proposing that municipalities…

Lire la suite

Vertical Separation in Rail Transport: How do Prices Influence Coordination?

Numéro: 2015-4 Miguel Amaral and Jean-Christophe Thiebaud – Vertical Separation in Rail Transport: How do Prices Influence Coordination? Abstract: This paper contributes to the debates over the relative performance of governance modes in network industries. The issues of vertical separation and integration in network industries have been extensively studied from several perspectives including competition eff ect, production cost synergies or coordination costs.…

Lire la suite