Hybrid Regulatory Systems
A mixture of different types of incentive plans–for example, cost of service over a range of returns, but price caps over other ranges. Alternatively, the use of yardstick comparisons in creating price caps.
A mixture of different types of incentive plans–for example, cost of service over a range of returns, but price caps over other ranges. Alternatively, the use of yardstick comparisons in creating price caps.