Showing 11 - 20 of 420,920
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … switch in the price regulation regime from rate-of-return regulation to incentive regulation during our observation period …
Persistent link: https://www.econbiz.de/10012850827
This paper examines empirically whether differences in legal competences of National Regulatory Authorities (NRAs) of European gas and electricity markets are rationally aligned to the corresponding countries' divergent levels of 1) security, 2) competitiveness, and 3) carbon-neutrality of...
Persistent link: https://www.econbiz.de/10013024225
Unbundling of vertically integrated utilities has become an integral element in the regulation of network industries … able to identify heterogeneous effects of legal unbundling for different types of price regulation, because we observe a … switch in the price regulation regime from rate-of-return regulation to incentive regulation during our observation period …
Persistent link: https://www.econbiz.de/10011932606
general competition and sector specific frameworks and rules regarding the regulation of the Internal Energy Market …-by-case solutions, which lack the breadth of objectives expressed by sector regulation. On the other hand, sector regulation seems to … hierarchical priority over sector-specific rules and its direct application cannot be excluded when sector regulation is …
Persistent link: https://www.econbiz.de/10014171519
Theory and empirics suggest that by curbing competition, incumbent electricity companies which used to be and here are referred to as Vertically Integrated Utilities (VIUs), can increase their profitability through combined ownership of generation and transmission and/or distribution networks....
Persistent link: https://www.econbiz.de/10014219240
The global transition towards sustainable, secure, and affordable electricity supply is driving changes in the consumption, production, and transportation of electricity. This paper shows the different policy aims that are promoted with smart grids in Europe, the United States, and China. In all...
Persistent link: https://www.econbiz.de/10011449097
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating AR-GARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10013135018
, but the very idea of regulation, become irrelevant or undesirable, other than as a vehicle for the pursuit of private …
Persistent link: https://www.econbiz.de/10013240405
rapid innovation cycle. Nonetheless, we are able to identify functions that enable rich interactions among consumers and … Applications (RIAs). Their constant innovation implies that they develop from baseline communications channels to applications that … strive for framework conditions that enable or even better facilitate innovation as well as dynamic competition. Ultimately …
Persistent link: https://www.econbiz.de/10011778592
This article offers a proposal for the regulation of stem cell products by the Food and Drug Administration (“FDA … for harm caused by defective stem cell products. The article’s larger point is that the effective regulation of stem cell … products. My solutions achieve this ambitious aim without stifling the scientific innovation crucial to this emerging field …
Persistent link: https://www.econbiz.de/10014162099