-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment …. Yet, previous empirical work has generally found that the introduction of incentive regulation has not systematically …-of-return regulation because investment decisions (what can be included in the rate base) are usually evaluated in a discretionary manner …

discusses the main policy issues raised by the need to adapt the regulation of the noncompetitive segments of these industries …

The paper looks at patterns of regulation in service industries and explores their implications for service performance …. Focusing on restrictions to market mechanisms, a map of the state of service regulation in OECD countries is provided, based on … regulation can encourage competition, efficiency and investment in those segments of the service industries where non …

This article addresses the impact of regulatory policy on levels of infrastructure deployment and derived welfare in … the telecommunications sector. The model considers two potentially coexisting and partially competing techniques (the old … supposed to be high on the ADSL market because of already existing regulation. We assume that two types of operators are …

This article addresses the impact of regulatory policy on levels of infrastructure deployment and derived welfare in … the telecommunications sector. The model considers two potentially coexisting and partially competing techniques (the old … supposed to be high on the ADSL market because of already existing regulation. We assume that two types of operators are …

the same time, we model an incumbent's decision problem under a threat of regulation in a game-theoretical context. The … decision whether to invest or not depends on the probability of regulation and its assumed impact on investment returns … best set. This price is below a non-regulated profit maximising price, since the incumbent tries to circumvent regulation …

the same time, we model an incumbent's decision problem under a threat of regulation in a game-theoretical context. The … decision whether to invest or not depends on the probability of regulation and its assumed impact on investment returns … best set. This price is below a non-regulated profit maximising price, since the incumbent tries to circumvent regulation …