In: Servizi pubblici: nuove tendenze nella regolamentazione nella produzione e nel finanziamento, 2007, p. 159-176
In the last two decades electricity distribution sector have witnessed a wave of regulatory reforms aimed at improving efficiency through incentive regulation. Most of these regulation schemes use benchmarking namely measuring a company’s efficiency and rewarding them accordingly. The reliability of efficiency estimates is crucial for an effective implementation of those incentive mechanisms. A...
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