spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to … budget. That said, while regulation imposes costs, regulation may also have social benefits, and this fact should be …

with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …

The informationally simple approach to incentive regulation applies mechanisms that translate the regulator's objective …

The factor X in the RPI-X regulation aims to adjust price or revenue allowances to changes in total factor productivity …

literature on the Porter Hypothesis, which posits a positive relationship between environmental regulation and "green" TFP growth … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …; (2) regulation, however, is not conducive to plants' "green" technical change, which provides evidence against the recast …

The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective …

In regulation of network services such as the distribution of electricity, gas and water prices have traditionally been …