Problemi di cooperazione fra agenzie di regolamentazione: il caso del settore idrico

Journal title ECONOMIA PUBBLICA
Author/s David Bartolini
Publishing Year 2004 Issue 2004/2 Language Italian
Pages 13 P. File size 124 KB
DOI
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

The regulation of natural monopolies has been widely investigated in economic literature. Particular emphasis has been placed on the relationship between the regulated firm and the regulator. The present work tries to deal with problems that may arise when there is more than one regulator. In this case, if regulators have different objective functions, inefficiency is likely to arise. The water industry seems to suffer from these kind of problems, indeed, given the local dimension of the industry, there are different levels of regulation with possible divergent interests. The analysis is mainly based on the work of David Baron (1985), who investigated the case of a polluting firm in the electricity industry, regulated by two authorities. In my work, I use a similar model to show how non cooperation amongst agencies regulating a firm in the water industry can lead to inefficient equilibria.

David Bartolini, Problemi di cooperazione fra agenzie di regolamentazione: il caso del settore idrico in "ECONOMIA PUBBLICA " 2/2004, pp , DOI: