Authors
R. Aalbers
E. Dijkgraaf
S. Onderstal
V. Shestalova
Date (dd-mm-yyyy)
2004
Title
Better safe than sorry? Reliability policy in network industries
Publication Year
2004
Number of pages
150
Publisher
AmsterdamFaculteit Economie en Bedrijfskunde90583320209789058332028
ISBN
9058332020
ISBN
9789058332028
Document type
Report
Faculty
Faculty of Economics and Business (FEB)
Institute
Amsterdam School of Economics Research Institute (ASE-RI)
Abstract
This report develops a roadmap for reliability policy in network industries. Based on economic
theory, we analyse the relationship between reliability and various types of government policy:
privatisation, liberalisation, regulation, unbundling, and `commitment policy┬┐. We let
government policy depend on (1) the feasibility of competition between networks, (2)
contractibility of reliability, and (3) the relation between profit maximisation and public
interests. We test this roadmap on the basis of the empirical literature and case studies on
electricity, natural gas, drinking water, wastewater, and railways.
Permalink
https://hdl.handle.net/11245/1.251596