Over the last twenty years there has been a deep concentration process in the Pension Fund Manager (AFPs) industry in Chile (from 21 firms in 1994 to only 6 in 2012). A major concern with the concentration of this industry ...

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 ...

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 ...

This paper presents a theoretical assessment of the efficiency implications of alternative vertical structures in an industry characterized by a natural monopoly, vertically related to potentially competitive markets ...

Este artículo describe y caracteriza, desde el punto de vista de su organización industrial, los mercados del petróleo y sus derivados líquidos en Chile. Con ese objetivo, se realiza primero una descripción sistemática de ...