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The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …
Persistent link: https://www.econbiz.de/10011746784
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective …
Persistent link: https://www.econbiz.de/10012932120
U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...
Persistent link: https://www.econbiz.de/10013319434
, deregulatory policies including soft regulation are the dominant policy in “black” areas, where several independent infrastructure …
Persistent link: https://www.econbiz.de/10010462525
U.S. network industry reforms led other countries in the past, but have recently run into difficulties in specific areas. In particular, the U.S. telecommunications sector was hit by a deep crisis and electricity reforms suffered under the California disaster. Part of the explanation for these...
Persistent link: https://www.econbiz.de/10011402612
more specific but still general incentive regulation literature. An exception has been Vogelsang (2001), who postulated … the incentive-regulation hypothesis (regulatory approach). An independent system operator (ISO) could handle the actual … dispatch and operational pricing. The transmission firm is regulated through benchmark or price regulation to provide long …
Persistent link: https://www.econbiz.de/10010285530
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known about the shape of transmission cost functions. Reasons for this can be a lack of consensus about the definition of transmission output and the complexitity of the relationship...
Persistent link: https://www.econbiz.de/10010285531
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective …
Persistent link: https://www.econbiz.de/10011749974
evolution of regulation in te UK telecommunications sector. Under simple assumptions about preferences of the relevant players …, the model is consistent with the evolution of telecommunications regulation. …
Persistent link: https://www.econbiz.de/10005764343
Electricity transmission has become the pivotal industry segment for electricity restructuring. Yet, little is known about the shape of transmission cost functions. Reasons for this can be a lack of consensus about the definition of transmission output and the complexitity of the relationship...
Persistent link: https://www.econbiz.de/10008533246