Show simple item record

dc.contributor.authorDE MEIO REGGIANI, Martin C.
dc.contributor.authorVAZQUEZ, Miguel
dc.contributor.authorHALLACK, Michelle
dc.contributor.authorBRIGNOLE, Nelida B.
dc.date.accessioned2020-02-10T16:07:51Z
dc.date.available2020-02-10T16:07:51Z
dc.date.issued2019
dc.identifier.citationEnergy economics, 2019, Vol. 84, (Art. UNSP 104518), OnlineOnlyen
dc.identifier.issn0140-9883
dc.identifier.issn1873-6181
dc.identifier.otherUNSP 104518
dc.identifier.urihttp://hdl.handle.net/1814/66031
dc.descriptionAvailable online 9 October 2019en
dc.description.abstractRegulation is generally interpreted as a relational contract between governments and private companies. Besides, regulation plays either a positive or a negative role in infrastructure development. This article is intended to understand the hindrance to stable policies in the regulation of network infrastructures. An original model where governments have a conflictive relationship with regulated companies was developed. The governmental opportunistic behaviour, which undermines the regulatory independence, was introduced in an infinitely repeated game. By including this variation, the hold-up problem can be modelled since a time inconsistency may occur. The model was illustrated using past-decade events about the Argentinean transport network of natural gas, proposing a possible reason for the triggering of a sustained hold-up. (C) 2019 Elsevier B.V. All rights reserved.en
dc.description.sponsorshipAgencia Nacional de Promocion Cientifica y Tecnologica (ANPCyT, Ministry of Education, Science and Technology, Argentina) through Fondo para la Investigacion Cientifica y Tecnologica (FONCyT) [PICT 2012-0691]en
dc.language.isoen
dc.publisherElsevieren
dc.relation.ispartofEnergy economicsen
dc.subjectRegulationen
dc.subjectHold-Upen
dc.subjectNatural gas transporten
dc.titleThe role of governmental commitment on regulated utilitiesen
dc.typeArticle
dc.identifier.doi10.1016/j.eneco.2019.104518
dc.identifier.volume84
eui.subscribe.skiptrue


Files associated with this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record