Resource Economics

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The Impact of the Washington Metro on Development Patterns

In urban planning, transportation networks aid in shaping the spatial setup of cities. When it comes to large railway systems, a typical perception is that constructing a subway system will increase job opportunities and human population density, thus discouraging urban sprawl and

SERVICE QUALITY AND ASYMMETRIC INFORMATION IN THE REGULATION OF MONOPOLIES: THE CHILEAN ELECTRICITY DISTRIBUTION INDUSTRY

This study is an enquiry about the role that service quality, asymmetric information, scope of regulation and regulator’s preferences play in the regulation of monopolies, with an application to the case of the Chilean electricity distribution industry. In Chapter 1, I present

Optimal Contracting and Vertical Coordination in the Beef Industry: An Assessment of Value-Based Pricing

This dissertation explores the nature and scope of vertical coordination in the U.S. beef industry. From the perspective of the incomplete contract theory of the industrial organization literature, this dissertation first provides a theoretical economic explanation for the traditional and emerging governance