Global ETD Search

361	Essays on regulatory impact in electricity and internet markets Roderick, Thomas Edward 26 June 2014 (has links) This dissertation details regulation's impact in networked markets, notably in deregulated electricity and internet service markets. These markets represent basic infrastructure in the modern economy; their innate networked structures make for rich fields of economic research on regulatory impact. The first chapter models deregulated electricity industries with a focus on the Texas market. Optimal economic benchmarks are considered for markets with regulated delivery and interrelated network costs. Using a model of regulator, consumer, and firm interaction, I determine the efficiency of the current rate formalization compared to Ramsey-Boiteux prices and two-part tariffs. I find within Texas's market increases to generator surplus up to 55% of subsidies could be achieved under Ramsey-Boiteux pricing or two-part tariffs, respectively. The second chapter presents a framework to analyze dynamic processes and long-run outcomes in two-sided markets, specifically dynamic platform and firm investment incentives within the internet-service platform/content provision market. I use the Ericson-Pakes framework applied within a platform that chooses fees on either side of its two-sided market. This chapter determines the impact of network neutrality on platform investment incentives, specifically whether to improve the platform. I use a parameterized calibration from engineering reports and current ISP literature to determine welfare outcomes and industry behavior under network neutral and non-neutral regimes. My final chapter explores retail firm failure within the deregulated Texas retail electricity market. This chapter investigates determinants of retail electric firm failures using duration analysis frameworks. In particular, this chapter investigates the impact of these determinants on firms with extant experience versus unsophisticated entrants. Understanding these determinants is an important component in evaluating whether deregulation achieves the impetus of competitive electricity market restructuring. Knowing which economic events decrease a market's competitiveness helps regulators to effectively evaluate policy implementations. I find that experience does benefit a firm's duration, but generally that benefit assists firm duration in an adverse macroeconomic environment rather than in response to adverse market conditions such as higher wholesale prices or increased transmission congestion. Additionally, I find evidence that within the Texas market entering earlier results in a longer likelihood of duration. / text Industrial organization Regulation Regulatory economics Deregulation Electricity Network neutrality Net neutrality ISP Internet service provider Retail electricity markets Wholesale electricity markets Regulated delivery Regulated transmission ERCOT PUCT Zonal energy market Economics Energy markets Two-sided markets Platforms Platform markets Ericson-Pakes algorithms Pakes-McGuire algorithm Second-best regulation Ramsey-Boiteux pricing Ramsey pricing Boiteux pricing Electricity generation Electricity production Electricity consumption Dynamic investment Market entry Market exit Firm investment
362	Deregulation and the market in public discourse: the AT&T divestiture, the 1996 Telecommunications Act, and the development of a commercial Internet Gustafson, Karen Estelle 29 August 2008 (has links) Not available AT & T--Press coverage
363	A business analysis of the South African domestic commercial air transport market : low-cost carriers and full-service carriers in the context of the business environment and passenger behaviours Diggines, Colin Neville 31 July 2017 (has links) This study attempted to establish the travel behaviours and choice criteria of the South African domestic air passenger and how they differed between low-cost carriers (LCCs) and full-service carriers (FSCs). The study was quantitative and used structured questionnaires to collect data via personal interviews. Descriptive and inferential techniques were used to analyse the data, including a binomial logistic regression to identify predictors of model choice. Analysis This study attempted to establish the travel behaviours and choice criteria of the South African domestic air passenger and how they differed between low-cost carriers (LCCs) and full-service carriers (FSCs). The study was quantitative and used structured questionnaires to collect data via personal interviews. Descriptive and inferential techniques were used to analyse the data, including a binomial logistic regression to identify predictors of model choice. Analysis showed that passengers had a limited understanding of the functioning of the models. This results in consumer perceptions and expectations being discordant with the true differences. In distinguishing between models, LCC passengers rate LCCs more favourably than FSC passengers, but both rate FSCs higher than LCCs. This shows the need of consumers to have the features and services of the FSCs. Amongst the key findings was the absolute importance of price to the passengers on both models when purchasing the ticket. The analysis showed that LCC passengers are highly price sensitive and show loyalty to the lowest price (not airline model). It was apparent that frequent flyer programmes (FFP), or linkages to 3rd party loyalty programmes, for LCCs need to be reconsidered. Younger LCC passengers especially, indicated a need for a simple FFP to receive some form of ‘reward’, as well as benefits traditionally only offered by FSCs. FSC passengers show a greater degree of loyalty and less fare sensitivity. This provides the FSCs with a degree of fare flexibility and the opportunity to move their loyal, less price-sensitive consumers up the price curve to maximise revenue. It was shown that, in distinguishing themselves from FSCs, it is important that LCCs are perceived as being more affordable than FSCs and are offering a value-for-money service. In essence, LCCs have to defend their positioning by (i) ensuring that their fares are not perceived to be as high as a FSCs and (ii) watching that the FSC fares are not declining to a level where FSCs are perceived as being as cheap as a LCC. For LCCs, brand building strategies around issues other than fare need to be devised, with attention paid to identifying determinant factors. / Business Management / D. Com (Business Management) Full-service carriers Low-cost carriers Airline business strategy Passenger behaviour Passenger profile Airline choice criteria Price sensitivity Model perceptions Predictors of model choice 387.740968 Airlines -- Deregulation -- South Africa Aeronautics, Commercial -- South Africa Airlines -- South Africa -- Management
364	The interplay of sector regulators and competition authorities in regulating competition in telecomunications : the south African case Khosa, Miyelani 04 1900 (has links) The privatisation and liberalisation of telecommunications throughout the world has resulted in the growing involvement of competition authorities in telecommunications regulation, alongside telecommunications sector-specific regulators. The existence of both sector specific rules and competition rules has brought about a critical institutional challenge. The increased role of competition authorities in the telecommunications sector raises the issue of inconsistent jurisdiction in the sector. Conflicts are therefore inevitable in the absence of clear delineation of jurisdiction. The South African model for regulation in the telecommunications sector entails a sharing of jurisdiction between the sector-specific regulator, the Independent Communications Authority of South Africa (ICASA), and the competition-wide regulator, the Competition Commission. The study thus determines the interplay between the Competition Commission and ICASA as well as the competitiveness of South African telecommunications. / Communication Science / M.A. (International Communication)) Telecommunications Economic regulation Sector-specific regulator Competition Commission Concurrent jurisdiction Natural monopoly Competition Competition-wide regulator Regulatory capture Liberalisation Privitisation 384.068 Broadcasting -- South Africa Telecommunication policy -- South Africa Monopolies -- South Africa Government monopolies -- South Africa Monopolistic competition -- South Africa Privatization -- South Africa
365	The effects of financial liberalisation in emerging market economies Chauhan, Shobha 01 1900 (has links) The aim of this research is to show the effects of financial liberalisation on emerging market economies, how these economies removed restrictions on financial institutions so that they can be globally integrated, and to show the flow of international finance in and out of a country. This research also illustrates how the financial system in these economies moved from being government-led to being market-led. The main finding of this research is that many countries failed to reap the benefits of liberalisation because of weaknesses in the regulatory structure, undercapitalised banks, volatile markets and contagion effects. The research concludes that the long-term gains of liberalisation certainly supersede short-term instability of liberalisation. Thus, for financial liberalisation to have predominantly positive effects, attention should be drawn to the importance of a more prudent regulatory and supervisory environment. Furthermore, financial liberalisation must be accompanied by a sound institutional infrastructure, proper conduct of monetary and fiscal policies, a reduction in corruption, and an increase in transparency. In addition, liberalisation should be a gradual process whereby the right measures are taken in the right sequence. / Economics / M. Com. (Economics) Asian financial crisis Basel Committee on Banking Supervision Basel I Basel II Basel III Capital account liberalisation Central bank Deregulation Monetary policy Emerging market South Africa Exchange rate volatility Financial crisis Financial fragility Financial liberalisation Financial regulation Inflation targeting Prudential supervision Sequencing Subprime mortgage crisis Washington Consensus 332.091724 Finance -- Developing countries Monetary policy -- Developing countries Financial crises -- Developing countries Developing countries -- Economic policy
366	Changing from the silo model to the horizontal layers model in public policy regulations: the implications and potential for the telecommunications industry Spencer Logan, Lemuella C. 12 1900 (has links) The end of the Twentieth Century and the start of the Twenty First Century has been a tumultuous time for the Telecommunications Industry. Even as it moves forward to embrace the new technologies the Industry finds itself embroiled in issues of governance. The Industry finds itself in a dilemma since innovations increase at a rate faster than the laws can be changed and these render its existing laws and policies to be in some cases obsolete and inappropriate for the reality of the present. In the past, the United States of America has relied on vertically integrated top down laws and methods of regulating all the different parts in its Telecommunications Industry. These laws are contained in the different numbered Titles of this Countrys Legal Codes. Since the inception of these laws, emphasis was placed in creating and documenting policies structured by industry, sector and type of content. This form of regulation is usually referred to as the Silo Method. However, in recent years, especially in the regulation of the Telephony industry, the method of law and rule formulation moved from content regulation to one in which the technologies are getting regulated in what has been described as a Layers Method. This paper first considered whether the Silo Method of regulation is in actuality the same as using the Horizontal Layers method and showed that this is the case. Then it determined that Enhanced Services are the same as Basic Services and that Telecommunications Services are the same as Information services and showed that given that the pair sets as noted were the same, it went on to conclude that all these services were essentially the same. While studying to some detail the technologies of VoIP, the paper also showed that VoIP although an Internet technology is similar to traditional telephony, and is both a Telecommunications Service and Information Service based on the definition as given in the law as well as the technologies that are used and that as a result of this, the current regulatory environment for this service with regards to telephony is inconsistent. It concluded that Telecommunications policies though now adequate may need to be modified. Telecommunication/Internet Issues Telecommunications regulations Cable networks Cellular networks Common carriers Competitive carriers Computer inquiries Convergence Deregulation Digital networks FCC Federal Communications Commission Fiber optics Gatekeepers Gateways H.323 Horizontal Layers Model ICANN ILECs Information services Intelligent Network Architecture ISDN LAN LECs Loops LRN Call Flow MAN Network speed Networks NTIA OSI Model OSS Packet networks Packet switches Policies Protocols PSTN Networks PUCs Regulation SIP Spam SPY ACT Switched networks TC/IP Protocol Telecommunications Act of 1996 Telecommunications regulations Unbundled access UNCTAD UNICITRAL Vertical Silo Model VoIP VPN WAN Wireless Telecommunication Law and legislation Telecommunication Law and legislation

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