Universität Wien

040885 UK International Public Utility Management (BA) (2016W)


4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Preliminary Talk and Beginning: Friday, 7th of October, 3 - 6.15 pm, HS 17, OMP, 2nd floor.
The course will be in two blocks (October 2015 and January 2016).


Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).


max. 50 participants
Language: English


Classes (iCal) - next class is marked with N

Friday 07.10. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 21.10. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 04.11. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 18.11. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 02.12. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 16.12. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 13.01. 15:00 - 18:15 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Saturday 14.01. 10:00 - 13:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
Friday 20.01. 15:00 - 18:15 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock


Aims, contents and method of the course

This course focuses on the particularities of companies in the public sector in an international context. The following aspects will be covered: Characteristics of Public Utilities/Public Sectors/Public Services, Market and competition theory, Market failures and the adverse effects of monopolies, Fundamentals of Liberalization, Deregulation and Regulation, International experience with public utilities and their management, Regulation of energy infrastructures in Austria (regulatory parameters, efficiency benchmarking, rate of return calculation, etc.), Regulation of energy infrastructrues in an international setting (via group work).

Assessment and permitted materials

The topics will be discussed by using a lecture format and respective discussions. Relevant materials include the presented slides as well as mentioned literature. Grading comprises one written exam, one written term paper (in groups), one oral presentation (also in groups) and active participation during the course.

Results: Will be published on the E-Learning-Platform Moodle.

Minimum requirements and assessment criteria

Requirements for a positive grade (min. 50%)

- 1 Exam: max. 49%
- 1 written term paper (in group): 25%
- 1 Presentation (in group): 15%
- Active participation and attendance: 11%

Presentations are done in groups and are assigned in class. All presentation assignments have to follow scientific rules. The slides must be turned in a day before the presentation (via e-mail: doc-file, ppt-file, pdf-file; in class: printed version). Groups will have to prepare a handout for the listeners. The printed version of the slides as well as the handout are parts of the final grade.

- Presentations should be done in groups.
- Each group presentation should last up to 30 minutes.
- There should be a short discussion with the auditorium after the presentation.
- The use of the beamer is expected (legible slides).
- The quality of the presentation is part of the final grade.

Examination topics


Reading list

Main literature:

- Averch, H. and L. Johnson (1962), Behavior of the Firm Under Regulatory Contraint, The American Economic Review, 52,5, 1052-1069
- Bogetoft, P. and L. Otto (2011), Benchmarking with DEA, SFA and R, Springer, New York.
- Coelli, T. and D. Lawrence (2007), Performance Measurement and Regulation of Network Utilities, Edward Elgar Publishing, Inc., Cheltenham, UK.
- E-Control (various years), publications and working papers.
- Fumagalli,E., L.L. Shiavo, F. Delestre (2007), Service Quality Regulation in Electricity Distribution and Retail, Springer, Berlin, Heidelberg.
- Grossman, S. and O. Hart (1986), The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration. Journal of Political Economy, 24, 4.
- Hardin, G. (1968), The Tragedy of the Commons, Science, Vol. 162, No. 3859, pp. 1243-1248
- Hart, O. (1989) An Economist's Perspective on the Theory of the Firm. Colombia Law Review, 89, 7.
- Hart, O. and B. Holmstrom (1989), "The Theory of Contracts." In Advances in Economic The.
- Kern, Diewald, Sumbalsky (2009), Regulierung in Österreich, Fachbuch Wirtschaft, Linde Verlag, Wien
- Hart, O. and J. Moore (1990), Property Rights and the Nature of the Firm. Journal of Political Economy, 98, 4, 1119-1158.
- Laffont J. J. & J. Tirole (1998), A Theory of Incentives in Procurement and Regulation, MIT Press.
- Newbery, D. (2002), Privatization, Restructuring, and Regulation of Network Utilities, MIT Press.
- Sioshansi, F., P. and Pfaffenberger, W., Electricity Market Reform, An international Perspective, Elsevier
- Sioshansi, F., P., Competitive Electricity Markets: Design, Implementation, Performance, Elsevier
- Train, K. (1991), Optimal Regulation, MIT Press.
- Williamson, Oliver. (1975). Markets and Hierarchies: Analysis and Antitrust Implications. Free Press: New York.
- Varian, Hal R. (2006), Intermediate Microeconomics, 7th ed., New York, Norton

Association in the course directory

Last modified: Mo 07.09.2020 15:29