In recent years, road construction projects in Egypt have experienced significant cost overruns. This has coincided with a remarkable increase in the volume and capacity of road construction in Egypt over the last two decades. Consequently, there is an urgent need for a systematic analysis of...

In order to increase efficiency in the provision of power distribution networks, the German regulator Bundesnetzagentur plans to implement revenue cap regulation together with yardstick competition. Revenue cap regulation could bear the ratchet effect: cost minimization need not to be optimal...