begins by characterizing the optimal regulation of a monopoly supplier that is better informed than the regulator about its …. Yardstick regulation, procedures for awarding monopoly franchises, and optimal industry structuring are analyzed. The chapter … commitment powers are limited. The chapter then analyzes the design of practical policies, such as price cap regulation, that are …

Investment regulation constitutes one of the major difficulties in regulating monopolistic activities such as … sharing contracts can be particularly useful. Moreover, menu regulation could encourage distribution firms to provide …

monopoly problem when the price imperfectly signals quality to the uninformed buyers. We then study the effect of noise on …

electric utilities have retired coal more slowly than others. We build a structural model of rate-of-return regulation during …

We discuss network neutrality regulation of the Internet in the context of a two-sided market model. Platforms sell … regulation (requiring zero fees to content providers): there exist parameter ranges for which network neutrality regulation … increases the total surplus compared to the fully private optimum at which the monopoly platform imposes positive fees on …

-maximizing monopoly might face, while others are specific to the type of command-and-control environmental regulation in place. …An exhaustive comparative statics analysis of a model of a monopolistic firm facing price-cap regulation and a variety …

generation technologies are significantly affected by industry regulation, renewable support policies, local structural industry …

This paper examines optimal price (i.e. ‘sliding scale’) regulation of a monopoly when efficiency and managerial effort … are not observed. We show how to operationalize this model of incentive regulation and use actual data from electricity … distribution in England and Wales to make welfare comparisons of sliding scale regulation with a price cap regime and the First …