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Published in 2020 at "Energy Policy"
DOI: 10.1016/j.enpol.2019.111140
Abstract: Abstract Frontier-based yardsticks, as applied in European energy network regulation, are not immune to strategic behavior. Under yardstick regulation, the regulator gauges the operator against a cost target set by the other firms in the…
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Keywords:
predictability strategic;
frontier based;
strategic behavior;
behavior frontier ... See more keywords