This paper provides an empirical demonstration for a practical approach of efficiency evaluation against the background of limited data availability in some regulated industries. Here, traditional DEA may result in a lack of discriminatory power when high numbers of variables but only limited...

We empirically demonstrate a practical approach of efficiency evaluation with limited data availability in some regulated industries. We apply PCA-DEA for radial efficiency measurement to U.S. natural gas transmission companies in 2007. PCA-DEA reduces dimensions of the optimization problem...

This paper provides an empirical demonstration for a practical approach of efficiency evaluation against the background of limited data availability in some regulated industries. Here, traditional DEA may result in a lack of discriminatory power when high numbers of variables but only limited...

Since early 2009, electricity and gas distribution in Germany has been subject to incentive regulation designed to ensure greater efficiency in electricity and gas grid operation. However, it remains to be seen how changes to the regulatory framework will affect the investment behavior of...

Seit Anfang 2009 unterliegt die Energieversorgung in Deutschland der Anreizregulierung, durch die ein effizienter Betrieb von Strom- und Gasnetzen sichergestellt werden soll. Unklar ist allerdings, wie sich die veränderten regulatorischen Rahmenbedingungen auf das Investitionsverhalten der...

Since early 2009, electricity and gas distribution in Germany has been subject to incentive regulation designed to ensure greater efficiency in electricity and gas grid operation. However, it remains to be seen how changes to the regulatory framework will affect the investment behavior of...

Since early 2009, power supply in Germany has been subject to incentive regulation designed to ensure greater efficiency in electricity and gas grid operation. However, it remains to be seen how changes to the regulatory framework will affect the investment behavior of distribution system...

Seit Anfang 2009 unterliegt die Energieversorgung in Deutschland der Anreizregulierung, durch die ein effizienter Betrieb von Strom- und Gasnetzen sichergestellt werden soll. Unklar ist allerdings, wie sich die veränderten regulatorischen Rahmenbedingungen auf das Investitionsverhalten der...

We analyze the effects of an incentive based regulatory scheme with revenue caps on the investment behaviors and decisions of 109 electricity distribution companies operating in Germany in 2006-2012. We hypothesize that Germany's implementation of incentive regulation in 2009 has a negative...