introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and … modified yardstick regulation is carried out. Finally, we discuss the applicability of the mechanism. …

introduce regulatory lags in the model. A systematic comparison between the results of traditional yardstick regulation and … modified yardstick regulation is carried out. Finally, we discuss the applicability of the mechanism. …

In the course of the deregulation of the telecommunication and energy sector new price regulation mechanisms were … leads to the issue what kind of proce regulation should be implemented. In the water sector conditions are a bit different … monopolistic exploitation of customers. This contribution gives an overview what kind of regulation systems are conceivable and …

In the course of the deregulation of the telecommunication and energy sector new price regulation mechanisms were … leads to the issue what kind of proce regulation should be implemented. In the water sector conditions are a bit different … monopolistic exploitation of customers. This contribution gives an overview what kind of regulation systems are conceivable and …

In the course of the deregulation of the telecommunication and energy sector new price regulation mechanisms were … leads to the issue what kind of proce regulation should be implemented. In the water sector conditions are a bit different … monopolistic exploitation of customers. This contribution gives an overview what kind of regulation systems are conceivable and …

regulation. The profit-sharing rule is a key element of the price choice and our analysis focuses on the two most common ones …. Then, customer-owned firms, like forprofit ones, need some external price regulation. In the second part we address this … customerowned ones, and hence price regulation is affected by the ownership mode. Another factor that is shown to condition the …

We study the regulation of a monopolistic firm that provides a non-marketed output based on multiple substitutable … costs. For this novel setting, we investigate the theoretically optimal Bayesian regulation mechanism. We find that the … non-Bayesian regulation can indeed get close to the second best of the Bayesian menu of contracts regulation. …