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Funding natural monopoly infrastructure expansion: auctions versus regulated uniform access prices |
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| Authors: | Khezr Peyman Menezes Flavio M |
| Institution: | 1.School of Economics, University of Queensland, Brisbane, 4072, Australia ; |
| Abstract: | Journal of Regulatory Economics - This paper characterizes equilibrium behavior in an auction where firms bid a unit price in order to fund and gain access to a new piece of infrastructure. Firms... |
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