Regimes regulatórios: possibilidades e limites

Abstract

The paper aims at examining from a comparative point of view the different existent regulatory regimes. Three main categories arise: the traditional rate-of-return regulation (RTR), the price-cap regulation and the so called incentive regulation that involves earnings sharings above some reference rate-of-return. We examined the incentive issue regulation taking as reference the recent theoretica literature, There are low incentives for cost reduction under RTR. The alternative forms of regulation , though im principio superior, are also Somewhat distant from a theoretical ideal.