decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany …'s implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional …

theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when … subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …

theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) pile up more costs in the year … used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …

decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany …'s implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional …

In the EU electricity industry, many Vertically Integrated Utilities (VIUs) have ownership both of electricity … generators and of transmission, hence VIU-owned or allied generators often are bidders in auctions for VIU-owned transmission. In … more aggressive bidding by the allied bidder and that it does not make a difference whether transmission is legally …

theoretically, and estimate empirically, that German electricity distribution system operators (DSOs) incur higher costs when … subject to a lower powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …

-in-differences analysis, I show that U.S. states that adopt electricity market liberalization laws are subsequently fifteen to forty …

Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are … generation and transmission and/or distribution networks. Because curbing competition is generally believed to be welfare …

Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel … procurement practices by coal- and natural gas-fired electricity generating plants in the United States following state …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a …

of governance, this paper argues that state ownership of natural monopolies in electricity distribution (and transmission … contracting, ownership and regulation than does state ownership. Regulation of customer-owned distribution (and transmission) is …Electricity reform typically involves little regard to the possibility that customer ownership might substitute for the …