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Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed … incentive regulation mechanisms to the regulation of prices and service quality for "unbundled" transmission and distribution … networks are presented and discussed. Evidence regarding the performance of incentive regulation in practice for electric …
Persistent link: https://www.econbiz.de/10014061352
offenses - the prohibition (or regulation) of some activity not because it is wrong, but because it probabilistically (but not … form of regulation, believing that certainly in the criminal law context but even with respect to regulation it is wrong to …
Persistent link: https://www.econbiz.de/10014061363
There is an elaborate debate over the practice of discounting regulatory benefits, such as environmental improvements and decreased risks to health and life, when those benefits will not be enjoyed until some future date. Economists tend to think that as a general rule, such benefits should be...
Persistent link: https://www.econbiz.de/10014063832
The Federal Communications Commission has requested comments on the regulation of voice telephone services delivered …
Persistent link: https://www.econbiz.de/10014064719
A simple model of yardstick competition between jurisdictions is presented. Governments of jurisdictions face the alternative to choose between an old and a new policy with stochastic payoffs. The new policy is superior to the old policy in one state of the world, and inferior in the other....
Persistent link: https://www.econbiz.de/10014065314
Whether water systems should be owned and operated by governments or private firms is intensely controversial, and little empirical research sheds light on the issue. In this paper we use a panel dataset that includes every community water system in the U.S. from 1997-2003 to test the effects of...
Persistent link: https://www.econbiz.de/10014065472
Does a State's regulatory scheme that permits in-state wineries directly to ship alcohol to consumers but restricts the ability of out-of-state wineries to do so violate the dormant Commerce Clause in light of Sec. 2 of the Twenty-first Amendment?
Persistent link: https://www.econbiz.de/10012721500
-known fact: OMB also plays a powerful pro-regulation role when agency proposals address market failures and are supported by …
Persistent link: https://www.econbiz.de/10012729507
Proceeds from illicit activities percolate into the legal economy through several channels. We exploit international regulations targeting money laundering via the financial sector to identify the flows of “dirty money” into legitimate establishments: business-based money laundering...
Persistent link: https://www.econbiz.de/10012507296
. Recently, proponents have turned their attention to the regulation of wireless networks, such as those for cellular phones … recent academic paper to support greater regulation of wireless operators. Although the proposals to regulate these networks … costs of specific proposals for the regulation of these networks. Our principal conclusion is that the costs of most of …
Persistent link: https://www.econbiz.de/10012707866