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regulator Ofgem replaced its approach to energy network price control and incentive regulation with a Revenue … regulation model that be revised by the regulator. The lessons of experience from the RIIO models are also relevant for … regulators in other countries and can inform their design of incentive regulation of energy networks. …
Persistent link: https://www.econbiz.de/10012194437
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This paper studies models of processes generating censored outcomes with endogenous explanatory variables and instrumental variable restrictions. Tobit-type left censoring at zero is the primary focus in the exposition. The models studied here are unrestrictive relative to others widely used in...
Persistent link: https://www.econbiz.de/10012581449
This paper studies models of processes generating censored outcomes with endogenous explanatory variables and instrumental variable restrictions. Tobit-type left censoring at zero is the primary focus in the exposition. Extension to stochastic censoring is sketched. The models do not specify the...
Persistent link: https://www.econbiz.de/10013387372
Persistent link: https://www.econbiz.de/10011347380
This paper analyses the diffusion of unleaded petrol in the UK. Changes in the market share of unleaded fuel are the result of changes in the composition of the car stock and changes in the choice of fuel given the car stock. We find that fuel type choices have been mainly driven by changes in...
Persistent link: https://www.econbiz.de/10014156334
inadequately addressing these wastes generated through oil and gas productions. Under-regulation is complicated by the fact that …
Persistent link: https://www.econbiz.de/10014119560
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Persistent link: https://www.econbiz.de/10002710376
deregulation, delay, and weak regulation as often as over-regulation. This Article proposes a specific mechanism for OIRA to engage …
Persistent link: https://www.econbiz.de/10013091787