This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both …-sectional data were examined with respect to:(a) ENEL - the Italian electricity monopolist;(b) municipal authorities (MUNIs), i ….e. town-based electric utilities which sometimes hold franchises for electricity distribution within city limits …

We study the regulation of a firm which supplies a regulated service while also operating in a competitive, unregulated … (with price and quantity competition) and optimal regulation that involves an informational externality to the competitors …. Although joint conduct of the activities generates scope economies, it also entails private information, so that regulation is …

significantly lowers the level of electricity rates. Moreover a more effective supervision technology shows a marginal negative …

predictions are consistent with US electric power market data. Moreover, in accordance with the model, electricity rates are lower …

This paper studies the relevance of strategic trade effects in the environmental policy for the European electricity … sector. The production, investment and trade of electricity are modelled for four European countries. Three market regimes … are distinguished: perfect competition, price regulation and Cournot competition. The model is used to examine the effect …

by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States …

The design of wholesale electricity markets in the transition towards liberalization presents significant differences … mandatory pool with a regulated market for electricity derivatives, that allows to hedge price volatility and to mitigate market … which electricity consumers can choose whether to trade on the spot market or negotiate bilateral contracts. Results suggest …