This chapter surveys research on the regulation of the energy sector that applies the methodology of Comparative Law and Economics or provides insights on how to improve it. It begins with a discussion of the notion of economic efficiency in the context of energy markets liberalization and...

Energy markets in the United States and the European Union are in the midst of a transition from a monopolistic structure to a competitive one. This paper argues that the outcomes of the reform process should be understood in the context of existing regulatory institutions. Successes and...