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U.S. Postal Markets and Delivery Liberalization: A Simulation Approach

In: The Changing Postal and Delivery Sector

Author

Listed:
  • Margaret M. Cigno

    (Postal Regulatory Commission (PRC))

  • Edward S. Pearsall

    (Postal Regulatory Commission (PRC))

Abstract

The likely outcomes of liberalizing, or adapting regulations to already liberalized postal markets, are important concerns for many incumbent postal operators. Entry into liberalized postal markets can be analyzed as a simultaneous game with Nash equilibria with the incumbent as price leader if entry occurs. This approach can be extended to encompass multi-product markets, to accept alternative economic objectives, to accommodate various kinds of regulatory controls and to cases where the incumbent is not the price leader.

Suggested Citation

  • Margaret M. Cigno & Edward S. Pearsall, 2017. "U.S. Postal Markets and Delivery Liberalization: A Simulation Approach," Topics in Regulatory Economics and Policy, in: Michael Crew & Pier Luigi Parcu & Timothy Brennan (ed.), The Changing Postal and Delivery Sector, pages 161-189, Springer.
    • Handle: RePEc:spr:topchp:978-3-319-46046-8_11
    DOI: 10.1007/978-3-319-46046-8_11
    as

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