This report is designed to be a self-contained introduction to performance-based regulation (PBR) with an emphasis on …-of-service regulation (COSR), the various forms of PBR and their efficiency properties, common misconceptions about PBR, the economic and …

, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues – the European policy …

, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues - the European policy …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … switch in the price regulation regime from rate-of-return regulation to incentive regulation during our observation period …

Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … switch in the price regulation regime from rate-of-return regulation to incentive regulation during our observation period …

. Recognising that regulation is itself costly, and that market contracting, ownership and regulation are partly substitutable forms … contracting, ownership and regulation than does state ownership. Regulation of customer-owned distribution (and transmission) is … ownership has evolved as an effective substitute for regulation. Policy implications are drawn …

This paper analyses the foundations of efficient-firm regulation (implemented in Chile for almost two decades), and the … companies. We show that efficient-firm regulation implies setting prices equal to long-run average cost, which is optimal when … the firm is required to be self-financing. In contrast, this is not true of the best-known alternatives, namely regulation …