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We analyze the effects of an incentive based regulatory scheme with revenue caps on the investment behaviors and decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany's implementation of incentive regulation in 2009 has a negative...
Persistent link: https://www.econbiz.de/10011373911
We analyze various regulatory regimes for electricity transmission investment in the context of a transformation of the power system towards renewable energy. We study distinctive developments of the generation mix with different implications on network congestion, assuming that a shift from...
Persistent link: https://www.econbiz.de/10009771877
To date, the distributive implications of incentive regulation on electricity transmission networks have not been explicitly studied in the literature. More specifically, the parameters that a regulator might use to achieve distributive efficiency under price-cap regulation have not yet been...
Persistent link: https://www.econbiz.de/10010189844
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective function into the firm’s profit-maximizing objective. These mechanisms come in two forms, one based on subsidies/taxes,the other based on constraints/ price caps. In spite...
Persistent link: https://www.econbiz.de/10011746784
Persistent link: https://www.econbiz.de/10009733068
The Employee Stock Options Scheme has been widely acknowledged as an effective tool for enhancing the productivity, efficiency and effectiveness of the organizations through increased employee morale and commitment. In India, we found several success stories of ESOPs, namely Wipro, Dabur,...
Persistent link: https://www.econbiz.de/10013137051
The purpose of this paper is to identify how Non-Profit and government controlled Organizations (NPO’s) can improve and legitimize their operations while avoiding the conflicts of interest and unethical practices adopted by investor owned firms. The conflicts in investor firms arise from...
Persistent link: https://www.econbiz.de/10014160681
Spanish Abstract: Este trabajo tiene como objetivo incorporar la noción de 'redes políticas' en el análisis de la actividad normativa, a los efectos de determinar si es posible modelar patrones de interacción entre los actores en el proceso político, no sólo en el proceso de...
Persistent link: https://www.econbiz.de/10014138239
We evaluate the impact of a price cap regulation implemented in the Colombian pharmaceutical market between 2011 and 2014. To do so, we take advantage of a unique data set where we observe three sources of variation: i) differences across eighteen groups in the Anatomical Therapeutic Chemical...
Persistent link: https://www.econbiz.de/10013238087
Im Rahmen dieser Arbeit soll ein Überblick darüber gegeben werden, wie sich das Vergaberecht derzeit in Deutschland darstellt und welche Möglichkeiten Vergabeverfahren im sozialen Bereich bieten. Aufbauend auf Diskussionen zum Verhältnis von Politik und Dritter Sektor werden Besonderheiten...
Persistent link: https://www.econbiz.de/10010297044