Data Envelopment Analysis (DEA) based cost norms have attractive properties in the regulation of natural monopolies … that the regulation will induce socially optimal output levels. In this paper, we analytically and numerically examine the … that the eight-year catch-up period allowed in this regulation gives strong incentives to reduce costs since the firms can …

incentive regulation and efficiency benchmarking in electricity distribution industries and provides valuable insights for …

There was an expectation that the independent regulatory institutions that India created for its electricity sector … effect of electricity sector regulation on sustainable sector outcomes. The paper in this context empirically examines … whether electricity sector regulation influences the sectoral outcomes at the state level. For analytical purposes, the …