Real life applications of Yardstick Regulation frequently refer to historical cost data. While Yardstick Regulation … Yardstick Regulation was meant to overcome can occur and firms can realize positive rents because of the use of historical cost …

&D spending of electricity utilities. Building on a panel data set including the biggest European utilities from eight EU … of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …

Liberalized electricity markets are characterized by a fluctuating price-inelastic demand, non-storable electricity and …

Lack of transmission capacity hampers the efficient integration of the European electricity market, and thereby … precludes reaping the full benefits of competition. We investigate to what extent the expansion of the transmission grid …

crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … asymmetric information. Regulation can be welfare-improving in the presence of an externality and also in case of collateral …

experiences in four sectors: telecommunications, water and sanitation, financial services, and electricity. A horizontal …

experiences in four sectors - telecommunications, water and sanitation, financial services, and electricity. The unique multi …