Titlebook: Economic Innovations in Public Utility Regulation; Michael A. Crew Book 1992 Springer Science+Business Media New York 1992 competition.con

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Franchise Bidding with Vickrey Auctions: How to Regulate Utilities?,ow bidding for the right to be the sole supplier of a product. In Demsetz’s example, the monopoly right would be awarded to the bidder that offered to charge the lowest price. Ex ante competition is thus employed to prevent ex post monopolistic behavior. Despite its apparent attractiveness on effici

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Gustav Wagner,Ekkehard Grundmanny not been perceived as a breakthrough or alternative to commission regulation, although it has made some progress in CATV, where it became ubiquitous. Thus, despite the fact that FB has not caught on for traditional public utilities, it still prima facie offers a number of advantages from an efficiency point of view over traditional regulation..

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Price-Cap Regulation, Incentives for Cost Reduction, and Stockholder-Ratepayer Conflicts,symposium published in the Rand Journal in (1989) and Einhorn (1990). Analysis of how various regulatory systems impact firm value can be found in ., Chapter 15) and .. But to date, no analysis of the incentives and their impact on both the stockholder and ratepayer has appeared in the literature.

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6 Ontremd gedrag; de zelfbeheersing voorbijnd/or to and from other sources facing the allowance system. Each source of emissions that is subject to this law must have sufficient allowances to cover its annual emissions or face prespecified fines and reduce emissions by an equivalent amount in the future.