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that the eight-year catch-up period allowed in this regulation gives strong incentives to reduce costs since the firms can …Data Envelopment Analysis (DEA) based cost norms have attractive properties in the regulation of natural monopolies … to suboptimal incentives. When a regulated firm compares the marginal change in its cost norm with its marginal cost of …
Persistent link: https://www.econbiz.de/10012514429
The paper investigates the organization of the Italian water sector in the light of the reforms of public utilities. The aim is to examine the degree of implementation of the water sector reform (the so-called Galli Law of 1994) and assess the performance of operators through a study of their...
Persistent link: https://www.econbiz.de/10005113689
This paper discusses the use of benchmarking in general and its application to the drinking water sector. It systematizes the various classifications on performance measurement, discusses some of the pitfalls of benchmark studies and provides some examples of benchmarking in the water sector....
Persistent link: https://www.econbiz.de/10005835895
, suggesting that efficiency and productivity analysis has been used to capture economic rent rather than to provide incentives for …
Persistent link: https://www.econbiz.de/10005423028
This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. Resources allocated to R&D are limited and should therefore be used efficiently given the institutional and legal constraints. This paper presents efficiency scores based on an...
Persistent link: https://www.econbiz.de/10010271116
This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. Resources allocated to R&D are limited and should therefore be used efficiently given the institutional and legal constraints. This paper presents efficiency scores based on an...
Persistent link: https://www.econbiz.de/10005068973
Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed … incentive r egulation mechanisms to the regulation of prices and service quality for “unbundled” transmission and distribution … networks are presented and discussed. Evidence regarding the performance of incentive regulation in practice for electric …
Persistent link: https://www.econbiz.de/10005783850
<em>Increasing complexity in electricity regulation: who benefits?</em> - After a short description of the evolution of … incentive regulation, this paper explores some of the issues arisen with its implementation in the electricity sector both in …
Persistent link: https://www.econbiz.de/10008504065
the role that regulation plays may limit services innovation and in turn may mean that communications infrastructure could … platforms strategy to expose the incentives and impediments to innovation in cloud computing. It assesses how European policy …
Persistent link: https://www.econbiz.de/10010602885
incentives for investments consistent with these reserve requirements. …
Persistent link: https://www.econbiz.de/10005113737