Incentive regulation in theory and practice : electricity distribution and transmission networks

Modern theoretical principles to govern the design of incentive regulation mechanisms are reviewed and discussed. General issues associated with applying these principles in practice are identified. Examples of the actual application of incentive regulation mechanisms to the regulation of prices and...

Full description

Bibliographic Details
Main Author: Joskow, Paul L.
Other Authors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
Format: Working Paper
Published: MIT Center for Energy and Environmental Policy Research 2009
Online Access:http://hdl.handle.net/1721.1/45044