dc.contributor.advisor | Mandy, David M. | eng |
dc.contributor.author | Chikhladze, George, 1978- | eng |
dc.date.issued | 2009 | eng |
dc.date.submitted | 2009 Fall | eng |
dc.description | Title from PDF of title page (University of Missouri--Columbia, viewed on Feb. 23, 2010). | eng |
dc.description | The entire thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file; a non-technical public abstract appears in the public.pdf file. | eng |
dc.description | Dissertation advisor: Dr. David Mandy. | eng |
dc.description | Vita. | eng |
dc.description | Ph. D. University of Missouri--Columbia 2009. | eng |
dc.description.abstract | Many network industries have an upstream monopolist that sells an essential input to downstream firms. When price of access is regulated the integrated monopolist may have incentives to degrade the quality of access if it is integrated with one of the downstream firms. The goal of this dissertation is: 1) to study the US natural gas, electricity and telecommunications industries to document instances of sabotage; 2) to derive study the welfare optimal access charge and vertical control policies under two different downstream market structures, differentiated goods Bertrand duopoly and the dominant firm competitive fringe model. We find that concerns for sabotage are real as it does occur in these regulated industries. We also find that the regulator faces a trade-off between reducing the double markup problem by pricing access low, versus pricing access high in order to deter non-price discrimination. Also, the optimal vertical control policy is chosen to balance a trade-off between achieving an efficient downstream production mix and sabotage deterrence. | eng |
dc.description.bibref | Includes bibliographical references. | eng |
dc.format.extent | v, 128 pages | eng |
dc.identifier.oclc | 605890656 | eng |
dc.identifier.uri | https://hdl.handle.net/10355/6843 | |
dc.identifier.uri | https://doi.org/10.32469/10355/6843 | eng |
dc.language | English | eng |
dc.publisher | University of Missouri--Columbia | eng |
dc.relation.ispartofcommunity | University of Missouri--Columbia. Graduate School. Theses and Dissertations | eng |
dc.rights | OpenAccess. | eng |
dc.rights.license | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License. | |
dc.subject.lcsh | Price regulation | eng |
dc.subject.lcsh | Gas industry -- Prices -- Government policy | eng |
dc.subject.lcsh | Electric utilities -- Prices -- Government policy | eng |
dc.subject.lcsh | Telecommunication -- Prices -- Government policy | eng |
dc.subject.lcsh | Sabotage | eng |
dc.title | Vertical integration and sabotage : evidence and regulation | eng |
dc.type | Thesis | eng |
thesis.degree.discipline | Economics (MU) | eng |
thesis.degree.grantor | University of Missouri--Columbia | eng |
thesis.degree.level | Doctoral | eng |
thesis.degree.name | Ph. D. | eng |