demanding to implement, these various tools are: a- cost plus, b- price/revenue cap, c- output or performance-based regulation … implement. Lastly, conclusions for the regulation of networks are derived. A workable regulation of network relies on a …

Network regulation is playing an active role in a context of restructuring energy systems for long term transition to a … smart grid. Regulation of network companies' activities should consider both cost efficiency objectives and other objectives … such as quality and network innovation. It is in this context that incentive regulation tools are discussed and assessed in …

This chapter of a collective book aims at presenting the basics of decision making under risk. We first define notions … of risk and increasing risk and recall definitions and classifications (that are valid independently of any … representation) of behavior under risk. We then review the classical model of expected utility due to von Neumann and Morgenstern …

The theory of existence of equilibrium with short-selling is reconsidered under risk and ambiguity modelled by risk … of the risk adjusted sets of expectations overlap. This condition is necessary if agents are not risk neutral at extreme … compatible trades, with non negative expected value with respect to any risk adjusted prior, strictly positive for some agent and …

, which allow to take into account observed behaviors as in Allais' paradox under risk or Ellsberg's paradox under uncertainty … uncertainty, and Quiggin and Yaari under risk, succeeded to characterize preferences which generalize the EU model, by means of a … for more diversified patterns of behavior under uncertainty as well under risk. …