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We try to better understand the comparative advantages of structural and behavioral remedies of deregulation in electricity markets, an eminent policy issue for which the experimental evidence is scant and problematic. Specifically, we investigate theoretically and experimentally the effects on...
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could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. … of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and …
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