This paper examines the effects of various price-cap rules on peakload pricing. The issue recently gains practical importance in regulated network industries. The formal approach reveals that efficiency properties of various price-cap rules are, notwithstanding some problems, fairly good. A...

In this paper we use panel data from a survey conducted on 30 Swiss utilities to estimate the impact of demand-side management (DSM) activities on residential electricity demand using DSM spending and an energy efficiency score. Using the variation in DSM activities within utilities and across...

Upon moving to Hamburg, Germany, after a couple of years abroad, I noticed that gas prices at the pump varied much more over time than I had been accustomed to in Hungary. Neither did these fluctuations tally well with previous personal experience living in Bavaria for almost two decades. To be...