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a r t i c l e i n f o In this paper, we analyze the incentives of an incumbent and an entrant to migrate from an " old " technology to a " new " technology, and discuss how the terms of wholesale access affect this migration. We show that the coverage of the new technology varies non-monotonically with the access price of the old technology: a higher access(More)
I diritti di riproduzione, di memorizzazione e di adattamento totale o parziale con qualsiasi mezzo (compresi microfilm e copie fotostatiche) sono riservati. Abstract When defining how to implement tendering procedures for the regional bus transportation industry, one of the main problems local authorities have to face is setting the area size to be(More)
This paper analyses the cost structure of a sample of Italian local public transport (LPT) companies operating in medium and large urban centres. The main focus is to identify the proper network configuration for the LPT service, by verifying the presence and the extent of scale and density economies. Technological characteristics of public transit systems(More)
Porto, the institutional repository of the Politecnico di Torino, is provided by the University Library and the IT-Services. The aim is to enable open access to all the world. Please share with us how this access benefits you. Your story matters. Abstract A vertically integrated incumbent and an OLO (Other Licensed Operator) compete in the market for(More)
I diritti di riproduzione, di memorizzazione e di adattamento totale o parziale con qualsiasi mezzo (compresi microfilm e copie fotostatiche) sono riservati. Abstract. This study investigates the effects of the corporatization process – i.e. the transformation of a municipal firm into a limited responsibility company – on the production costs of local(More)
Since the early 1990's, regulated utilities in the EU have substantially increased their debt levels. In this paper we develop a theoretical model that sheds light on this trend. The model examines the capital structure and investment decisions of regulated utilities and explicitly takes into account two key institutional features of the public utilities(More)