Water

Regulatory Design and Reform

Regulatory Design and Reform

In over 40 years of service to the utility industries, NERA has made many important contributions to both the theory and the practice of regulatory economics.

Policy makers are increasingly using economic analysis in their assessment of options for the institutional structure and scope of regulation. Economic analysis is especially well-suited to the task of designing and reforming regulatory institutions and methods because it is grounded in the principles of welfare maximization through market design. NERA experts, who are well versed in the most up-to-date and relevant research in these areas, use economics to help analyze issues, provide insights and formulate practical, innovative solutions to a wide range of problems.

NERA has a strong track record of working with policy makers, international agencies, regulators and water undertakers throughout the world to establish appropriate frameworks for economic regulation and policy in the water and sanitation sectors. We have addressed a wide range of practical regulatory issues in many different countries, including:

  • The vertical and horizontal allocation of regulatory responsibilities;
  • The design of contractual arrangements;
  • The improvement of incentive mechanisms for management;
  • The safeguarding of affordable access to utility services; and
  • The economic issues surrounding tariff setting and disputes.
Name Title Location Phone Email
Dr. Richard Hern Managing Director London
Berlin
+44 20 7659 8582
+49 30 700 1506 01
richard.hern@nera.com
Dr. Jeff D. Makholm Managing Director Boston +1 617 927 4540 jeff.makholm@nera.com
George Anstey Associate Director London +44 20 7659 8630 george.anstey@nera.com
James Grayburn Associate Director London +44 20 7659 8572 james.grayburn@nera.com
Veronica Irastorza Associate Director San Francisco
Mexico City
+1 415 291 1016
+52 (55) 59993110
veronica.irastorza@nera.com
Dr. William Baker Affiliated Consultant London +44 20 7659 8520 bill.baker.affiliate@nera.com
Mike King Affiliated Consultant Denver
San Francisco
Washington, DC
+1 303 357 4781
+1 303 618 4915
+1 303 618 4915
mike.king.affiliate@nera.com
Title Type Author
Economics in Environmental Decision-Making: US Environmental Protection Agency Provid... Working Paper By Dr. David Harrison, Jr. with Dr. Noah Kaufman
A Cross-Sector and Cross-Country Review of Approaches to Transitioning to Markets Report By Bill Baker, Daniel Radov, Adil Hanif, Tobie Cusson, Kevin Counsell, Wayne Olson and Harry Fearnehough
Setting Efficient Tariffs for Wastewater Infrastructure Published Article By George Anstey
Comments on EPA's Notice of Data Availability for §316(b) Stated Preference Surv... Report By Dr. David Harrison, Dr. Eugene Ericksen, Dr. Melissa Pittaoulis, and Dr. Bernard Reddy et. al.
Environment Agency: Water Resources Management Planning -- Real Options Analysis White Paper By Dr. William Baker, Thomas Ash, and Nanthawit Sukthaworn with Dr. Gregory Hamm
Title Date Type
NERA Economic Consulting Opens Office in Miami, Florida 14 November 2017 Press Release