also been extensively used as an advanced analytical instrument in the field of incentive regulation. The aim of this paper … of the topic amongst scientists as well as practitioners and encourage further research. …

. The paper explores both explicit and implicit incentives in the context of economic regulation. Explicit incentives are …

investigate the incentives of a DEA based regulation when some of the demand dimensions, the cost drivers, can, in fact, be … controlled by the monopoly. In such cases, the classical DEA based regulation may lead to suboptimal incentives. Specifically, we … used to regulate Danish water firms. We show that the catch-up period allowed in this regulation gives strong incentives to …

applied in incentive regulation practice, where the assessment of efficiency plays a major role in regulation design and … estimation of individual efficiencies for regulation purposes and beyond …