Carlo Cambini

TL;DR: In this paper, the authors survey the relevant theoretical and empirical literature on the relationship between regulation, at both retail and wholesale level, and investment in telecoms infrastructures, and conclude that the picture that emerges is not conclusive, and further research is still needed, both theoretically and empirically, to better understand the real impact of regulatory incentives on investments.

TL;DR: The authors investigated the relationship between investment and regulatory regimes (incentive vs. rate-of-return regulation) for a sample of EU energy utilities from 1997 to 2007, and found that investment of incentive regulated firms appears highly sensitive to the X factor, consistent with efficiency and profit-seeking motivations.

TL;DR: In this paper, the authors analyze the incentives of an incumbent and an entrant to migrate from an "old" technology to a "new" technology, and discuss how the terms of wholesale access affect this migration.

TL;DR: In this paper, the authors analyze the effect of local authorities' tendering criteria on the performance of the Italian regional bus transportation industry and conclude that the best strategy for introducing competition in the bus industry is a competitive tendering approach for an area of given dimension and not necessarily a route-by-route tendering.

TL;DR: In this paper, the authors extend the framework of Armstrong-Laffont-Rey-Tirole by introducing an investment stage, prior to price competition, and show that the incentives to invest are influenced by the way termination charges are set.