Real life applications of yardstick regulation frequently refer to historical cost data. While yardstick regulation … profit through abstinence from slack in (infinitely) many periods arises. A ratchet effect that yardstick regulation was …

with the welfare-maximum benchmark and cases of Transco with cost-plus regulation and no regulation. In all tested cases …

-world applicability of results compared to previous analyses. We show that a combined merchant-regulatory regulation, which draws upon a …

In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the …

In many countries hospital regulation undergoes fundamental change. In reaction to steadily increasing costs …, authorities switch from cost of service regulation to prospective payment systems (PPS). While it seems clear that this new scheme … pricing turns out to be more favorable, though not perfect. -- yardstick competition ; regulation ; hospital market …

plans to implement revenue cap regulation together with yardstick competition. Revenue cap regulation could bear the ratchet … ; regulation …