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-efficient production level for an incentive regulation of distribution system operators (DSOs). With nearly 900 DSOs operating in the … German electricity sector, of which 200 subject to incentive regulation, the issue of heterogeneity of DSOs has to be …
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static case. -- Yardstick competition ; rent-seeking ; public good ; electoral incentives …This paper investigates the relationship between electoral incentives, institutions and corruption. We assume that … distortionary tax. We demonstrate the possibility that yardstick competition itself fails to restrict rent seeking. We complement …
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