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This paper studies how competition works in the fuel industry, by estimating the survival prices for the Chilean retail gasoline markets. We use a rich data set of prices available online that tracks changes in fuel costs. Every Thursday at zero hour, publicly announced new costs are in effect, t...


Cerpa, JavierPerticara, MarcelaSaavedra, Eduardo[An estimation on the survival of retail gasoline prices]An estimation on the survival of retail gasoline prices

This paper identifies the determinants of renegotiation of concession contracts in transport infrastructure for public use in Peru. Based on the literature of concession contracts, this paper uses a probit model to estimate the probability of renegotiating these contracts. The results indicated t...


Montecinos, JorgeSaavedra, Eduardo[Renegotiation of Concession Contracts: Empirical Evidence for Public Transport Infrastructure in Peru]Renegotiation of Concession Contracts: Empirical Evidence for Public Transport Infrastructure in Peru

This paper both theoretically and empirically addresses how a vertical structure in the motion-pictures industry determines the number of prints a distributor releases of a new film. A simple theoretical model shows that the optimal number of copies is increasing on the expected demand for the fi...


Agostini, ClaudioSaavedra, Eduardo[The Effects of Vertical Integration on the Release of New Films]The Effects of Vertical Integration on the Release of New Films

América Latina muestra un bajo nivel de desarrollo humano y físico, lo que queda de manifiesto en la poca cantidad y la baja calidad de su infraestructura pública, así como en elevadas tasas de pobreza. Esta pobre infraestructura incide en el bienestar de las personas y en su menor productividad,...


Durán, EduardoSaavedra, Eduardo[Calidad de la Infraestructura y Pobreza en América Latina]Calidad de la Infraestructura y Pobreza en América Latina

This paper characterizes the equilibria of infrastructure franchising under incomplete contracting and ex�post renegotiation. The parties (government and a firm) are unable to credibly commit to the contracted investment plan, so that a second step investment (labeled as investments in service qu...


Saavedra, Eduardo[Renegotiating Incomplete Contracts: Over and Under-Investment in Public Infraestructure]Renegotiating Incomplete Contracts: Over and Under-Investment in Public Infraestructure

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