caa a22 4500 378911570 CHVBK 20180305123543.0 cr unu---uuuuu 161128e20040601xx s 000 0 eng 10.2202/1446-9022.1048 doi (NATIONALLICENCE)gruyter-10.2202/1446-9022.1048 Exclusive Licensing in Harbour Towage [Elektronische Daten] [Henry Ergas, Teresa Fels, Jason Soon] The question of whether exclusive licensing of the right to provide harbour towage services in ports can provide a superior outcome to open competition has been among the questions that have recently preoccupied Australian policymakers. The purpose of this paper is to evaluate the arguments for and against the introduction of exclusive licensing of harbour towage by way of a review of the more general literature on franchise bidding. The paper argues that the general policy trend in Australia towards greater acceptance of exclusive licensing arrangements for harbour towage in Australia is misguided because the costs of open entry tend to be overestimated while the practical difficulties of exclusive licensing tend to be underestimated. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston Ergas Henry Network Economics Consulting Group, h.ergas@necg.com.au aut Fels Teresa Network Economics Consulting Group aut Soon Jason Network Economics Consulting Group aut Review of Network Economics De Gruyter 3/2(2004-06-01) 2194-5993 3:2 2004 3 rne https://doi.org/10.2202/1446-9022.1048 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1446-9022.1048 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Ergas Henry Network Economics Consulting Group, h.ergas@necg.com.au aut NATIONALLICENCE 700 1- Fels Teresa Network Economics Consulting Group aut NATIONALLICENCE 700 1- Soon Jason Network Economics Consulting Group aut NATIONALLICENCE 773 0- Review of Network Economics De Gruyter 3/2(2004-06-01) 2194-5993 3:2 2004 3 rne CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter