IDEAS home Printed from https://ideas.repec.org/a/bpj/rneart/v7y2008i4n5.html
   My bibliography  Save this article

Incentive Regulation and Its Application to Electricity Networks

Author

Listed:
  • Joskow Paul L.

    (Alfred P. Sloan Foundation and Department of Economics, MIT)

Abstract

This paper examines developments since the publication of The Economics of Regulation in the theory of incentive regulation and its application to the regulation of unbundled electricity transmission and distribution networks. Conceptual mechanism design issues that arise when regulators are imperfectly informed and there is asymmetric information about costs, managerial effort, and quality of service are discussed. The design and application of price cap mechanisms and related quality of service incentives in the UK are explained. The limited literature that measures the effects of incentive regulation applied to electricity networks is reviewed.

Suggested Citation

  • Joskow Paul L., 2008. "Incentive Regulation and Its Application to Electricity Networks," Review of Network Economics, De Gruyter, vol. 7(4), pages 1-14, December.
    • Handle: RePEc:bpj:rneart:v:7:y:2008:i:4:n:5
    DOI: 10.2202/1446-9022.1161
    as

    Download full text from publisher

    File URL: https://doi.org/10.2202/1446-9022.1161
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.2202/1446-9022.1161?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:rneart:v:7:y:2008:i:4:n:5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.