1 - 6 of 6 articles
Abstract**: This paper analyses critically the claim made by Levy and Spiller that, in the context of UK utility regulation, licences operate as a ‘technology of commitment’. The functional logic of delegation which underpins much principal–agent analyses is discussed, together with the...
Abstract**: This paper examines the application of the concept of a regulatory contract in the analysis of UK utilities regulation. It argues that there are serious problems in conceiving of regulatory relations as analogous to contracts, though particular contracts may be a useful tool in the...
Abstract**: Economic regulators are accountable to politicians – both government and ministers – parallel regulatory authorities, such as cartel offices, consumers and regulatees. This article investigates how the relationship between regulators and stakeholders evolves as a function of market...
Abstract**: This paper proposes an internal management perspective of the company, as a complement to longstanding principal‐agency theory, for understanding the interchange between regulator and company. It draws from a longitudinal research project on understanding the implications of...
Abstract**: One objective of introducing incentive regulation to the newly privatized UK utilities over the past 20 years was to encourage efficient pricing structures. Caps have been imposed on average price levels, giving firms freedom to rebalance amongst prices within the basket. We test...
Read and print from thousands of top scholarly journals.
Continue with Facebook
Log in with Microsoft
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Sign Up Log In
To subscribe to email alerts, please log in first, or sign up for a DeepDyve account if you don’t already have one.
To get new article updates from a journal on your personalized homepage, please log in first, or sign up for a DeepDyve account if you don’t already have one.