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interested in developing comparative performance measurement under regulation and setting appropriate regulated prices when … sample sizes are extremely limited. -- X-factor ; productivity decomposition ; panel index numbers ; regulation ; water and …
Persistent link: https://www.econbiz.de/10009705668
In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm's investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm's start-up decision relative to a pure price cap...
Persistent link: https://www.econbiz.de/10011592743
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technique is of great interest for regulators to evaluate the effectiveness of regulation and companies to identify the … ; Productivity ; Index Numbers ; DEA ; Regulation ; Water and Sewerage Industry …
Persistent link: https://www.econbiz.de/10009687492
The purpose of this paper is to assess the impact of regulation in the financial performance of the Water and Sewerage … effectiveness of regulation and companies to identify the determinants of profit change and improve future performance, even if … sample sizes are limited. -- Profit Decomposition ; Productivity ; Price Performance ; Panel Index Numbers ; Regulation …
Persistent link: https://www.econbiz.de/10009687496
The current Water Abstraction License (WAL) regime in Italy is no longer flexible enough to cope with the challenges … economically most important in Italy. PRBD’s WAL regime includes a rigid and scattered WAL normative that hinders the performance … that can inform reform of water allocations in the PRBD and elsewhere in Italy and in Europe. …
Persistent link: https://www.econbiz.de/10011457607
We analyze the optimal investment strategy of a monopolist which has subscribed a concession contract to provide a public utility, i.e. water service. We present a strategic model in which a monopolist chooses both the timing of the investment and the capacity. We focus not only on the value of...
Persistent link: https://www.econbiz.de/10011607043
market competition and regulation in addressing these concerns. Traditional (ex-post) antitrust intervention will be less …
Persistent link: https://www.econbiz.de/10012405498
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