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The determinants of incentive regulation are a key issue in industrial policy. I study an asymmetric information model …
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The research question addressed by this paper is a simple one: are European consumers happy with the services provided by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States. The variables we analyse are consumers' satisfaction...
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This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both econometric (deterministic frontier, stochastic frontier) and linear programming (Data Envelopment Analysis) tools. Cross-sectional data were examined with respect to:(a) ENEL - the...
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sector in 38 countries for the period 1977-97 shows that regulation is a crucial institutional variable in privatisation. Not …
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