This study explores the impact of different ownership types on the efficiency of the provision of water utilities. Theories and evidence have shown a puzzling relationship between ownership and performance. Moreover, relatively recent contributions (Andrews et al., 2011) have argued that this...

This study explores the impact of different ownership types on the efficiency of water utilities. Theories and evidence have shown a puzzling relationship between ownership and performance. Moreover, relatively recent contributions (Andrews et al., 2011) have argued that this relationship can be...

The purpose of this paper is to evaluate various organizational models for the ownership and control of natural monopolies - specifically the infrastructure of water and sewage provision in England and Wales. First, it summarizes recent discussion of who should own water assets in Britain. The...

Using the "budget-based scheme" approach developed by Kirby et.al. (1991) and Reichelstein (1992), this paper establishes the optimal policy function in order to control "hidden actions" from managers of Public Water Utilities (PWU) regarding investments that deviate from the Optimized Business...