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 …

for the sake of regulation'. Today's evolution of the EU cannot allow Authorities over-passing the Treaty competence. Nor …

price regulation regimes - full regulation, partial regulation (only the copper network is regulated), risk sharing - on … partial regulation and exclusion does not necessarily happen in equilibrium even if the incumbent has more ability than the …