-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

concession models. Next, theoretical backgrounds and rules of thumb for risk allocation in concessions for road infrastructure …

This paper analyses how different types of access regulation to next generation networks affect investments and … regulatory holiday induces highest investments, followed by risk-sharing and long-run-incremental cost regulation. Risk …

shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …

the same time, we model an incumbent's decision problem under a threat of regulation in a game-theoretical context. The … decision whether to invest or not depends on the probability of regulation and its assumed impact on investment returns … best set. This price is below a non-regulated profit maximising price, since the incumbent tries to circumvent regulation …

This paper questions whether competition can replace sector-specific regulation of mobile telecommunications. We show …

economics of regulation, it then points out generic information and transaction cost problems of regulatory policy making. An … competencies for the regulation of the European network industries. …