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Im Mittelpunkt dieses Beitrags steht eine Analyse des kalifornischen Strommarktdebakels und der Lehren aus den dortigen Ereignissen. Das Papier geht auf die Entwicklung der Märkte ein und zeigt die Gründe für das Scheitern des kalifornischen Übergangsmodells auf. Die Analyse zeigt, dass es...
Persistent link: https://www.econbiz.de/10011474704
The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
Persistent link: https://www.econbiz.de/10011475164
Regulierung, ob also das Alleinabnehmermodell, das Modell spezifischer Durchleitungsrechte, das Poolmodell oder aber das Common …-Carrier-Modell Richtschnur der Regulierung sein sollte. Zum anderen wird nach der institutionellen Ausgestaltung der Regulierung gefragt. Im … institutional design of the regulation. Within this context, the recent legal developments on the European and the German level are …
Persistent link: https://www.econbiz.de/10011475621
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10010459790
finds that despite the regulatory difficulties, the Internet is far from being a “regulation-free” space as there are … regulation. Most of them aim at protecting personal data and consumers more generally. In many cases generally applicable laws …
Persistent link: https://www.econbiz.de/10010464865
State enterprises (SEs) have been increasingly competing with private firms in international markets, in terms of both cross-border trade and FDI. Given both the potentially positive contribution internationally trading and investing SEs can make, as well as the concerns raised about their...
Persistent link: https://www.econbiz.de/10011695360
Regulation is a high-stakes enterprise marked by tremendous challenges and relentless public pressure. Regulators are … innovations. Faced with these challenges, regulators need a lodestar for what constitutes high-quality regulation and guidance on …' primary challenges, functions, and ultimate goals. The chapter also emphasizes that even though regulation is widely …
Persistent link: https://www.econbiz.de/10012829593
Government regulation is a double-edged sword. By restricting the inputs—capital, labor, technology, and more—that can … be used in the production process, regulation shapes the economy and, by extension, living standards today and in the … future. Applied effectively, regulation can foster a thriving, competitive marketplace where innovation and technological …
Persistent link: https://www.econbiz.de/10012956107
Persistent link: https://www.econbiz.de/10012956752
This paper investigates the market reaction to recent legislative and regulatory actions pertaining to corporate governance. The managerial power view of governance suggests that executive pay, the existing process of proxy access, and various governance provisions (e.g., staggered boards and...
Persistent link: https://www.econbiz.de/10013038670