Showing 1 - 10 of 75,213
In the course of the deregulation of the telecommunication and energy sector new price regulation mechanisms were … leads to the issue what kind of proce regulation should be implemented. In the water sector conditions are a bit different … monopolistic exploitation of customers. This contribution gives an overview what kind of regulation systems are conceivable and …
Persistent link: https://www.econbiz.de/10010416040
In the course of the deregulation of the telecommunication and energy sector new price regulation mechanisms were … leads to the issue what kind of proce regulation should be implemented. In the water sector conditions are a bit different … monopolistic exploitation of customers. This contribution gives an overview what kind of regulation systems are conceivable and …
Persistent link: https://www.econbiz.de/10011128179
introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and … modified yardstick regulation is carried out. Finally, we discuss the applicability of the mechanism. …
Persistent link: https://www.econbiz.de/10010274273
The economic crisis in the early 1990s prompted action on reforming the Swedish welfare state and its institutions, including deregulation of a wide range of product markets. In that way, Sweden took early action compared to other OECD countries currently struggling with how to make public...
Persistent link: https://www.econbiz.de/10012444481
introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and …
Persistent link: https://www.econbiz.de/10005162796
introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and … modified yardstick regulation is carried out. Finally, we discuss the applicability of the mechanism. …
Persistent link: https://www.econbiz.de/10005026829
performance ; information ; transparency ; regulation …
Persistent link: https://www.econbiz.de/10009745912
The European Commission is introducing new regulations on submission and publication of data in electricity markets (SPDEM) and on wholesale energy market integrity and transparency (REMIT). I discuss issues relevant for undertaking an evaluation such regulations. I argue that, for market...
Persistent link: https://www.econbiz.de/10010330208
Orthodox price theory turns on flexible prices that move frequently to maintain market-clearing equilibrium. Fixed prices are a source of market imperfections and failures. In the traditional ethics of pricing, by contrast, prices should be set at a just norm and stay there, with only rare...
Persistent link: https://www.econbiz.de/10014583186
This paper presents a game-theoretic model of a liberalized railway market, in which train operation and ownership of infrastructure are vertically separated. We analyze how the regulatory agency will optimally set the charges that operators have to pay to the infrastructure manager for access...
Persistent link: https://www.econbiz.de/10013069290