This paper studies the interaction between and the regulation of duopolists in imperfect permit and output markets. The …-best regulation is characterized. It is shown that subsidies for permit buying and taxes for permit selling can be used as instruments …

This chapter provides a comprehensive overview of the theoretical and empirical literature on the regulation of natural … institutions, price regulation with full information, price regulation with imperfect and asymmetric information, and topics on the … measurement of the effects of price and entry regulation in practice. The chapter also discusses the literature on network access …

The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted … landscape has changed markedly since 2010 and that regulation has had to work hard to catch up and evolve. As the EU enters a … increasingly disruptive backdrop of digitization, new market platforms and novel business models. Electricity Network Regulation in …

Contents -- Introduction -- Part I Incentive regulation: aligning the interests of the operators with the interests of … their customers -- 1. The British reference model / Vincent Rious and Nicolò Rossetto -- 2. Continental incentive regulation …The UK model of incentive regulation of power grids was at one time the most advanced, and elements of it were adopted …