utilities before and after the introduction of the sunshine regulation. As during the period 1992-2006 several alternative … regulatory reforms including privatization, yardstick competition and profit regulation were also seriously considered, we …, scale, etc.), our results suggest that in an appropriate political and institutional context, sunshine regulation can be an …

regulation ; natural gas transmission …

Successful network utility privatisation requires incentive-based regulation that allows investment to be adequately …

variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the … pertinent to regulation contexts often leads to low numbers of cross-section observations, rendering reliable estimation based …

variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the … pertinent to regulation contexts often leads to low numbers of cross-section observations, rendering reliable estimation based …

variety of incentive- based regulation policies. In practice such exercises are often plagued by incomplete knowledge about … structure pertinent to regulation contexts often leads to low numbers of cross-section observations, rendering reliable …

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 …

Yardstick regulation requires the utilization of benchmarking, a valuable tool for improving the public service …