Strategic Behaviour in Network Industries: A Multidisciplinary Approach
Author(s): Ernst ten Heuvelhof (Author), Martin de Jong (Author), Mirjam Kars (Author), Helen Stout (Author)
Publisher: Edward Elgar Publishing Ltd
Publication Date: 30 July 2009
Language: English
Print length: 224 pages
ISBN-10: 1847206107
ISBN-13: 9781847206107
Book Description
This in-depth book explains how institutional changes such as the privatization and liberalization of network industries, for example transport, energy or telecommunications, can frequently be disappointing. The expected benefits such as lower prices, innovation and better services fail to materialize, often because the number of competitors is low. The authors demonstrate how strategic actor behaviour of one or more of the firms involved can help explain these disappointing results.
This book elucidates the concept of ‘strategic behaviour’ and portrays it in real-life examples to aid our understanding of this important phenomenon in terms of policy and organizational decision-making. It clearly demonstrates the adverse effects strategic behaviour can exert on the quality of infrastructure provision after liberalization. The theoretical sections are backed by empirical examples from throughout the world.
The unique multidisciplinary approach will ensure a broad readership among students, researchers and policy-makers with an interest in the economics, politics and management of infrastructure and network industries.
Editorial Reviews
Review
‘This book convincingly argues that – from a theoretical point of view – present day network industries offer opportunities for strategic behaviour and that these opportunities are also actually utilized in practice. The authors show that this behaviour can be harmful to the realization of the expected positive effects of institutional changes such as liberalization and privatization (e.g., innovation and lower prices). The authors make their case in a solid theoretical way illustrated with insightful case studies. This book is a must for academics, managers and policy makers in today’s network industries.’ — John Groenewegen, Delft University of Technology, The Netherlands
About the Author
Ernst ten Heuvelhof, Delft University of Technology, Martin de Jong, Erasmus University Rotterdam, Kars, Gemeente Roosendaal and Helen Stout, Delft University of Technology, the Netherlands
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