Showing 1 - 10 of 96
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
Persistent link: https://www.econbiz.de/10012194460
Using the Laffont, Rey and Tirole (1998) framework, a model of competition between vertically integrated telecommunications networks in a deregulated environment is developed. Two local operators compete in linear and non linear tariffs (i.e. two-part tariffs) in the subscribers market. In...
Persistent link: https://www.econbiz.de/10005427074
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
Persistent link: https://www.econbiz.de/10012255106
account key institutional features of EU public utilities, such as: a) regulation by agencies with various degrees of …
Persistent link: https://www.econbiz.de/10008729094
how wholesale pricing regulation might affect this process; the introduction of differentiated wholesale remedies … interplay with access regulation. Using the recent economic literature, arguments and possible guidelines are proposed, which …
Persistent link: https://www.econbiz.de/10013066673
regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …
Persistent link: https://www.econbiz.de/10012951112
We study the optimal tariff structure that could induce a regulated utility to adopt energy efficiency activities given that it is privately informed about the effectiveness of its effort on demand reduction. The regulator should optimally offer a menu of incentive compatible two-part tariffs....
Persistent link: https://www.econbiz.de/10013056199
regulation and recently imposed fiber access regulations. Our main finding is that more stringent access regulations for both the …
Persistent link: https://www.econbiz.de/10012934097
firms as well as the impact of different regulatory schemes -- incentive vs. cost-based regulation -- on CEO monetary … schemes, our results show that pay-performance sensitivity is significantly higher for firms under incentive regulation than … within firms under cost-based regulation. This result holds after controlling for firm -- private vs. state -- ownership and …
Persistent link: https://www.econbiz.de/10013061911
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 …
Persistent link: https://www.econbiz.de/10013063733