Water fees are a remuneration to be paid by the operators of hydropower plants to the owners of the water resource right. In Switzerland the fee is based on the gross capacity of the plant and independent from market conditions. This regulation implies that cantons and municipalities have a...

The NRP70 project ‘The Future of Swiss Hydropower: An Integrated Economic Assessment of Chances, Threats and Solutions’ (HP Future) addresses the challenges Swiss Hydropower faces in the changing electricity market environment. In particular it aims to answer four main research questions:1....

We consider a two-layered review system of environmental regulation where a polluting firm periodically self-reports its emissions to a regulatory authority. The system typically requires a third party to verify the firm's report and, in addition, an official of the regulatory authority to...