Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by … likely. -- Dynamic regulation ; strategic delegation ; consumer standard ; ratchet effect ; limited commitment …

Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by …

effects on price and labor efficiency. In comparison to their synthetic counterparts, I find that the acquired networks … increased labor efficiency by on average 18 percent, while no effect is found on the price. Thus, the evidence suggests … substantial efficiency gains but that these are not fed through to consumer prices. Since each acquisition involved several …

-efficient production level for an incentive regulation of distribution system operators (DSOs). With nearly 900 DSOs operating in the … German electricity sector, of which 200 subject to incentive regulation, the issue of heterogeneity of DSOs has to be … efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …