Restructuring Industries: The Carrot and the Stick

Sherman Roger ()
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Sherman Roger: University of Houston

Review of Network Economics, 2003, vol. 2, issue 4, 27

Abstract: Restructuring brings market incentives into formerly monopolized network industries and raises a host of questions about whether the carrot of profit seeking can be disciplined by the stick of competition. In the telephone industry access pricing is an issue, and major problems are illustrated. In the electricity industry other problems are described and possible solutions are briefly sketched.

Date: 2003
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DOI: 10.2202/1446-9022.1035

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