Methods of network industries regulation
This article deals with methodological aspects of utilities´ regulation. First, basic principles of regulation and specialities of firms operating in utilities´ industries are explained. Next, the article discusses three basic regulation methods, including cost-of-service (COS) regulation, incentive (PBR) regulation and yardstick competition. Subsequently, basic principles of setting regulated prices and their adjustment over time are discussed.
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Volume (Year): 2010 (2010)
Issue (Month): 3 ()
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