regulatory reform, and the distortionary effects of utility regulation. I find that the effect of utility regulatory reform in …

set of horizontal studies (on the evolution of regulation, the spread of project financing, the growth of some large …

mechanism and Shleifer's yardstick Regulation. Unfortunately, in practical applications of these simple mechanisms the regulated … regulator must be extremely well-informed if he wants to apply this sort of regulation: except for the actual realizations of a … regulated public utility. This is the main reason why in practice the simple $RPI - X$ regulation prevails. Finally, in this …