This chapter reviews recent theoretical work on the design of regulatory policy, focusing on
the complications that arise when regulated suppliers have better information about the …

This paper reviews the recent experience of the UK electricity distribution sector under
incentive regulation. The UK has a significant and transparent history in implementing …

In many countries throughout the world, regulators are struggling to determine whether and
how to introduce competition into regulated industries. This essay examines the …

State-owned enterprises make up roughly 10 percent of the world economy, yet they are
woefully understudied. This handbook offers the first synthesis of the topic since the 1980s …

Digital technologies have prompted the emergence of new modes of regulation and
governance, since they allow for more decentralized processes of elaboration and …

State-owned enterprises (SOEs) account for a substantial proportion of gross domestic
product, employment, and assets in many countries. Based on a review of the theory and …

Price cap regulation (PCR) has now been employed in the telecommunications industry for
more than a quarter century. We review the experience with PCR and offer an explanation …

The main aim of this paper is to develop an econometric approach to the estimation of
marginal costs of improving quality of service. Estimating marginal costs of quality can help …

Service quality is a very important aspect of the water and sewerage industry. Empirical
studies have tended to focus on production costs, without explicitly introducing key …

The quality of electricity distribution is being more and more scrutinized by regulatory
authorities, with explicit reward and penalty schemes based on quality targets having been …