framework, namely incentive regulation. It is structured as follows: The first section examines how cost-based and price … via network regulation. …

the implementation of different regulatory mechanisms (cost plus vs. incentive regulation) and to firm ownership (state vs … to incentive regulation smooth their dividends less than firms subject to cost-based regulation and present higher impact … following the adoption of incentive regulation, they adopt a dividend policy more responsive to earnings variability and more …

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 …

between public and private enforcement and that between competition law enforcement and sector specific regulation, with …