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

dynamic generation settings. Through application in a stylized two-node network, we find that incentive regulation may perform … motivates further research aimed to characterize optimal regulation for transmission expansion in the context of renewable …

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

Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by … likely. -- Dynamic regulation ; strategic delegation ; consumer standard ; ratchet effect ; limited commitment …

We analyze the treatment and impact of idiosyncratic or firm-specific risk in regulation. Regulatory authorities … regulation. In contrast, it is common to apply only a single benchmark, the weighted average cost of capital (WACC), uniformly to ….0 percentage points depending on the size of the firm (in the range of 3% to 40% of total cost of capital). Regulation of …

Strategic delegation to an independent regulator with a pure consumer standard improves dynamic regulation by …

We study the regulation of a monopolistic firm that provides a non-marketed output based on multiple substitutable … costs. For this novel setting, we investigate the theoretically optimal Bayesian regulation mechanism. We find that the … non-Bayesian regulation can indeed get close to the second best of the Bayesian menu of contracts regulation. …

entry re-regulation context. In contrast to other entry deterrence models, we are able to investigate how product market …

This paper contributes a theoretical analysis of the effects of different types of regulation on the timing of monopoly … base, we distinguish between price-based regulation and cost-based regulation. Under cost-based regulation, investment … triggers a change of regulated prices, whereas, under price-based regulation, investment does not affect them. To motivate …

In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting … problems of capital-recovery under an efficient firm standard yardstick regulation based on historic (straight …