Forme di affidamento e double marginalization in un monopolio naturale regolato di un servizio pubblico locale
Alessandro Petretto ()
Politica economica, 2005, issue 3, 341-360
Abstract:
This note shows a two-stage game describing a configuration of two vertical monopolies in a local public utility where there is a upstream firm selling an input to a downstream firm who provides a public service to a local community at a regulated tariff. The possibility for the local public administration owning the first firm to discretionally set the price of input (access or rent) rises a problem of double marginalization which requires a further form of regulation carried on by a specific local authority, somewhat independent by local municipalities themselves. The problem is discussed within the new Italian legislation disciplining the various forms of selection of the public service providers.
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:mul:je8794:doi:10.1429/20826:y:2005:i:3:p:341-360
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