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The economics of the postal and delivery sector : business strategies for an essential service / / Pier Luigi Parcu, Timothy J. Brennan and Victor Glass, editors



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Titolo: The economics of the postal and delivery sector : business strategies for an essential service / / Pier Luigi Parcu, Timothy J. Brennan and Victor Glass, editors Visualizza cluster
Pubblicazione: Cham, Switzerland : , : Springer, , [2022]
©2022
Descrizione fisica: 1 online resource (302 pages)
Disciplina: 383.2
Soggetto topico: Postal service - Economic aspects
Electronic commerce - Economic aspects
Postal service
Persona (resp. second.): ParcuPier Luigi <1954->
BrennanTimothy J.
GlassVictor
Nota di contenuto: Intro -- Preface -- Contents -- Competition in the Postal and Delivery Markets in Europe -- 1 Introduction -- 2 A General Overview of Competition in the Postal Sector -- 3 Limited Competition and Increasing Concentration in the Netherlands' Markets -- 3.1 Legal and Regulatory Context for Competition -- 3.2 Market Structure and Key Market Players -- 4 An Intermediate Case: United Kingdom -- 4.1 Legal and Regulatory Context for Competition -- 4.2 Market Structure and Key Market Players -- 5 The less Concentrated Italian Postal Market -- 5.1 Legal and Regulatory Context for Competition -- 5.2 Market Structure and Key Market Players -- 6 Conclusion -- References -- Cartels in the Postal Industry: A Behavioral Theory Consideration of the Game Theory of Leniency Policies -- 1 Introduction -- 2 The Implementation of Leniency Policy -- 2.1 The Process of Claiming Leniency and the Dispensations Available -- 2.2 Other Key Features of the Programs -- 3 Case Studies in the Postal Industry -- 3.1 Royal Mail and the SaleGroup -- 3.2 French Parcel Cartel Case -- 3.3 Spanish Parcel Cartel Case -- 4 Game Theory of the Leniency Policy -- 4.1 Classical Game Theory of a Leniency Policy -- 4.2 Rationality and Heuristics -- 4.3 Information Asymmetry and Imperfect Information -- 4.4 Attitudes to Risk and Loss Aversion -- 4.5 Trust -- 4.6 Social Capital -- 5 Conclusion -- References -- When a Price Cost Test Is Unnecessary for Assessing Pricing Abuses - The Royal Mail Case -- 1 Introduction -- 2 Generally There Are Good Reasons for Using the AECT for Assessing Alleged Pricing Abuses -- 3 Background to Royal Mail's Pricing Conduct -- 3.1 Bulk Mail Delivery -- 3.2 Whistl Expands from Bulk Mail Retail Services into Delivery -- 3.3 Royal Mail's January 2014 Price Notification -- 4 Ofcom's Finding of Abuse and Subsequent Appeal.
5 In What Circumstances Is the AECT Not Appropriate for Assessing Pricing Conduct? -- 5.1 No Role for AECT When No Prices Are Lowered -- 5.2 Not Using the AECT for Assessing Pricing Conduct Even Where Some Prices Were Lowered for Consumers -- 6 If Competition Authorities Use the AECT for Assessing some Pricing Cases but Not Others, Might Uncertainty Over Its Application Chill Beneficial Competition? -- 7 Conclusions -- References -- Data and the Regulation of E-commerce: Data Sharing vs. Dismantling -- 1 Introduction -- 2 The Model -- 3 The Scenarios -- 3.1 Reference Scenario: R -- 3.2 Data Sharing: S -- 3.3 Vertical Separation: VS -- 3.4 Complete Dismantling: CD -- 4 Numerical Results -- 4.1 Baseline Scenarios -- 4.1.1 Small Cost Advantage: γ1 = 0.9 -- 4.1.2 Large Cost Advantage: γ1 = 0.5 -- 4.2 Robustness Checks -- 4.3 Larger Scale Factor, Implying Lower Competition Intensity -- 4.3.1 Large Scale Factor and More Attractive Outside Option -- 5 Conclusion -- References -- An Assessment of USPS' Negotiated Service Agreements and Platforms' Direct Entry in Delivery -- 1 Are NSAs Profitable? -- 2 Do NSAs Improve or Impair Market Performance? -- 3 Platform Entry into Last-Mile Delivery -- 3.1 Parcel Market Performance -- 3.2 Retail Goods Market Performance -- 3.3 Other Social Costs -- 4 Conclusions: The Future of USPS and an Answer to President Trump -- References -- Separate or Integrated? Least-Cost Parcel Delivery Methods in a Flexible Delivery Environment -- 1 Introduction -- 2 The Model -- 3 Calibration -- 4 Results -- 5 Conclusion -- References -- Assessing Diversification in the Postal Sector -- 1 Introduction and Summary -- 2 Postal Diversification -- 2.1 Postal Diversification in the EU -- 2.2 The Different U.S. Perspective -- 3 US Precedents from Other Sectors -- 3.1 Breaking up the Phone Company -- 3.2 Restructuring the Electricity Sector.
4 Concerns with Regulated Firms in Competitive Markets, with NPO Applications -- 4.1 The Role of Regulation -- 4.2 Excessive Transfer Pricing -- 4.3 Discrimination -- 4.4 Cross Subsidization -- 5 Vertical Integration by Platforms -- 6 Countering Questions -- 6.1 Can Regulators Prevent These Harms Without Separation or Divestiture? -- 6.2 Do Concerns Apply with Price Cap Regulation? -- 6.3 Do NPOs Retain Market Power Following e-Substitution? -- 6.4 What If the NPO Does Not Maximize Profits? -- 7 Economies of Scope and Other Potential Benefits -- 7.1 Increased Competition -- 7.2 NPO Scope Economies in General -- 7.3 Potential Excess Capacity Resulting from the USO -- 7.4 Are Cross-Subsidies Politically Preferred? -- 8 Conclusion -- References -- The Historical Contribution of Postal Service to Social Welfare in the United States -- 1 Introduction -- 2 Using the Historical Data -- 3 An Econometric Model of Postal Service -- 4 The Estimates -- 5 Estimating Social Welfare -- 6 Alternative Pricing Strategies -- 7 The Evidence for the Findings -- 8 Conclusion -- References -- The Risks of Customer Data Processing Under the GDPR: The Austria Post Case -- 1 Introduction -- 2 The DSB Decision -- 2.1 The Processing of 'Party Affinity' Data -- 2.2 The Processing of 'Package Frequency Affinity' and 'Relocation Affinity' Data -- 2.3 The Internal Responsibilities and the Fine -- 3 Lessons from the Decision -- 3.1 Be Prudent and Consistent When Qualifying Processed Data (Personal vs. Non-personal) -- 3.2 Choose Carefully the Legal Basis for Processing -- 3.3 Be Transparent and Mind the Implications of the USP Position -- 4 Conclusion -- References -- The Universal Postal Union. Quo Vadis? -- 1 Introduction -- 2 Historical Background -- 2.1 Specialized Agencies of the United Nations (UN) -- 2.2 The 1964 Vienna Congress -- 3 Evolution of Postal Services and the UPU.
3.1 Legal Status of Postal Services -- 3.2 Types of Postal Service -- 3.3 Business Trends -- 3.4 Universal Postal Service -- 3.5 Terminal Dues (price fixing) -- 3.6 Customs clearance -- 4 "Reform of the Union" -- 4.1 Wider Postal sector involvement -- 4.2 E-Commerce -- 4.3 Sustainability of USPs/Designated Operators -- 4.4 Separation of Governmental, Operational and Commercial Issues -- 5 Conclusion: Quo Vadis? - A Vision for a Reformed UPU -- 5.1 Governance of the Wider Postal Sector -- 5.2 Provision of Universal Service -- 5.3 UPU as a Representative Organization -- References -- Do We Need to Redefine the Legal Definition of the Postal Service? -- 1 Introduction -- 2 The Legal Definition of the Postal Service -- 2.1 International Law: UPU -- 2.2 EU Law -- 2.3 National Regulations -- 2.3.1 Belgium -- 2.3.2 Italy -- 2.3.3 Poland -- 2.3.4 Switzerland -- 2.3.5 France -- 2.3.6 Canada -- 3 Scope of the Postal Service -- 4 Conclusions -- References -- The Future of Services of General Economic Interest in the Postal Industry -- 1 Introduction -- 2 Main Dynamics of the Postal Industry and the Chance Offered by SGEIs -- 3 bpost and La Poste SGEIs: Interesting Examples -- 4 The SGEIs' Future -- 5 Conclusions -- References -- Sustaining the USO in Canada: Toward a Case for Adapting Reserved Area Parameters in the Digital Age -- 1 Introduction -- 2 Universal Service and Monopoly in Canada: Existing Parameters -- 2.1 First Era: Confederation -- 2.2 Second Era: Corporatization -- 2.3 Third Era: Service Charter -- 2.4 Summary Comments -- 2.5 Changing Structure of Value Components -- 3 COVID-19 Pandemic Experience -- 4 Parameters of the Reserved Area -- 5 Further Inquiry -- 5.1 Research on the Value Side -- 5.2 Research on the Cost/Drawback Side -- 6 Ramifications for Stakeholders -- 7 Conclusion -- References.
Neither the Carrot nor the Stick: How to Ensure Adequacy of Traditional Postal Operators' Funding in a Rapidly Transforming Market -- 1 Introduction -- 2 The Transformation of the Postal Services Market -- 3 The Adaptation Process of Postal Operators -- 3.1 Traditional Postal Operators Explore New Strategies to Stay Competitive -- 3.2 Call for Investments in Physical and Digital Infrastructures -- 4 Beyond the Compensation Fund for USO -- 4.1 Alternative Funding to Sustain the Postal Transformation -- 4.2 The COVID-19 Crisis: Potential Spillovers for Postal Funding -- 5 Risk of Competitive Distortions -- 5.1 EU State Aid Rules Revisited -- 5.2 How to Monitor Competition in a Rapidly Changing Market? -- 5.3 Remedies Recommendations -- 6 Conclusions -- References -- Has the Covid Pandemic Accelerated the Rate of Decline in Business Letters? Some Early and Preliminary Analysis and Thoughts -- 1 Introduction -- 2 UK Commercial Mail Trends -- 3 An Econometric Analysis of Commercial Letter Mail Demand -- 4 Econometric Estimates of the Demand for Commercial Letters -- 5 Using Econometric Models to Assess Historical Letter Traffic Trends and Examining the Impact of the Pandemic -- 6 Summary and Conclusion -- Appendix: A Comparison of Outturn Data and Econometric Model Confidence Intervals -- References -- A Method to Assess the Impact of the Universal Postal Service Obligation -- 1 Introduction -- 2 Literature Review and Methodologies Currently Employed by Regulatory Authorities -- 3 A more Rigorous Approach: Profitability Benchmarking -- 3.1 Non-parametric Approach -- 3.2 Regression Approach -- 4 Conclusions -- References -- Net Costs of USP's Service Provision: Challenges for the Coming Decade -- 1 Introduction -- 1.1 Background and Research Questions -- 1.2 Literature.
2 The Short Run: Keeping Counterfactuals up to Date in Dynamic Market and Regulation Environments.
Titolo autorizzato: The economics of the postal and delivery sector  Visualizza cluster
ISBN: 3-030-82692-9
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910556899203321
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Serie: Topics in regulatory economics and policy.