Archivio Istituzionale della RicercaWe analyze the adoption of access regimes that differ according to the prevailing degree of infrastructure competition in different geographical areas of a country. Our results show that, compared to a uniform access price, geographically differentiated access prices improve welfare and incentivize investment. However, when access provision in areas with infrastructure competition is deregulated, welfare might decrease, because multiple inefficient equilibria at the wholesale level emerge, with either too little or too much investment
Geographic Access Markets and Investments / Bourreau, M.; Cambini, Carlo; Hoernig, S.. - In: INFORMATION ECONOMICS AND POLICY. - ISSN 0167-6245. - 31:(2015), pp. 13-21. [10.1016/j.infoecopol.2015.04.003]
Geographic Access Markets and Investments
CAMBINI, CARLO;
2015
Abstract
We analyze the adoption of access regimes that differ according to the prevailing degree of infrastructure competition in different geographical areas of a country. Our results show that, compared to a uniform access price, geographically differentiated access prices improve welfare and incentivize investment. However, when access provision in areas with infrastructure competition is deregulated, welfare might decrease, because multiple inefficient equilibria at the wholesale level emerge, with either too little or too much investment
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https://hdl.handle.net/11583/2602754
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