Mixed Duopoly, Location Choice, and Shadow Cost of Public Funds*

2014 ◽  
pp. 140827142349001 ◽  
Author(s):  
Toshihiro Matsumura ◽  
Yoshihiro Tomaru
2020 ◽  
Vol 41 (3) ◽  
pp. 415-425
Author(s):  
Qidi Zhang ◽  
Leonard F.S. Wang ◽  
Yapo Yang

Author(s):  
Jean-Christophe Poudou ◽  
Michel Roland ◽  
Lionel Thomas

A regulator imposes a universal service obligation (USO) on a vertically integrated firm that owns an essential network. The regulator has imperfect information about the network's fixed cost. Network access is provided to licensed competitors. The USO consists in a constraint on market coverage and is compensated through a mix of public funds and transfers from entrants. We first use a basic adverse selection model to show that, because of informational rents, a sufficiently high shadow cost of public funds can lead to a lower coverage with the USO than without it. We then show that this result tends to be robust in various realistic extensions of the basic model.


2019 ◽  
Vol 50 ◽  
pp. 101026 ◽  
Author(s):  
Susumu Sato ◽  
Toshihiro Matsumura
Keyword(s):  

e-Finanse ◽  
2018 ◽  
Vol 14 (4) ◽  
pp. 12-21
Author(s):  
Beata Zofia Filipiak ◽  
Marek Dylewski

AbstractThe purpose of the article is analysis of participatory budgets as a tool for shaping decisions of local communities on the use of public funds. The authors ask the question of whether the current practice of using the participatory budget is actually a growing trend in local government finances or, after the initial euphoria resulting from participation, society ceased to notice the real possibilities of influencing the directions of public expenditures as an opportunity to legislate public policies implemented. It is expected that the conducted research will allow us to evaluate the participatory budget and indicate whether this tool practically acts as a stimulus for changes in the scope of tasks under public policies. The authors analyzed and evaluated the announced competitions for projects as part of the procedure for elaborating participatory budgeting for selected LGUs. Then, they carried out an in-depth analysis of the data used to assess real social participation in the process of establishing social policies.


Sign in / Sign up

Export Citation Format

Share Document