Incentive Regulation For Public Utilities

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Incentive Regulation For Public Utilities
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Author : Michael A. Crew
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Incentive Regulation For Public Utilities written by Michael A. Crew and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This book is based on two seminars held at Rutgers on October 22, 1993, and May 6, 1994 entitled `Incentive Regulation for Public Utilities'. These contributions by leading scholars and practitioners represent some of the best new research in public utility economics and include topics such as the theory of incentive regulation, dynamic pricing, transfer pricing, issues in law and economics, pricing priority service, and energy utility resource planning.
Economic Regulation And Its Reform
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Author : Nancy L. Rose
language : en
Publisher: University of Chicago Press
Release Date : 2014-08-29
Economic Regulation And Its Reform written by Nancy L. Rose and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-29 with Business & Economics categories.
The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
Incentive Regulation For Public Utilities
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Author : Alexander J. Black
language : en
Publisher:
Release Date : 1993
Incentive Regulation For Public Utilities written by Alexander J. Black and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.
Incentive Regulation Of Public Utility Construction
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Author : Joan Kathryn Meyer
language : en
Publisher:
Release Date : 1982
Incentive Regulation Of Public Utility Construction written by Joan Kathryn Meyer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1982 with Incentives in industry categories.
Incentive Regulation In The Electric Utility Industry
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Author :
language : en
Publisher:
Release Date : 1983
Incentive Regulation In The Electric Utility Industry written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Electric utilities categories.
Incentive Regulation And The Regulation Of Incentives
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Author : Glenn Blackmon
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Incentive Regulation And The Regulation Of Incentives written by Glenn Blackmon and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The class is theory of price regulation assumed that the regulator knows the fIrm's costs, the key piece of information that enables regulators to pressure fmns to choose appropriate behaviors. The "regulatory problem" was reduced to a mere pricing problem: the regulator's goal was to align price with marginal cost, subject to the constraint that revenues must cover costs. Elegant and important insights ensued. The most important was that regulation was inevitably a struggle to achieve second-best outcomes. (Ramsey pricing was a splendid example. ) Reality proved harsh to regulatory theory. The fmn's costs are by no means known to the regulator. At best, the regulator may know how much is currently spent to provide services, but hardly what costs would be if the fmn vigorously pursued effIciency. Even if the current cost curve were known to the regulator, technologies change so swiftly that today's costs are a very poor indicator of tomorrow's, and those are the costs that will determine the fIrm's future decisions. With the burgeoning attention to information considerations and game theory in economics, the regulator's problem of eliciting host information about cost has received considerable attention. In most cases, however, it has been in context that are both static and stylized; such analyses rarely capture many of the essential elements of real world regulatory issues. This volume represents a fresh approach. It reflects Glenn Blackmon's twin strengths, a keen analytic mind and important experience in the regulatory arena.
Economic Innovations In Public Utility Regulation
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Author : Michael A. Crew
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Economic Innovations In Public Utility Regulation written by Michael A. Crew and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This book is distilled from articles presented at two seminars held at Rutgers -- The State University of New Jersey on October 25, 1991, and May 1, 1992, entitled 'Economic Innovations in Public Utility Regulations'. These contributions represent the best new research on various topics in public utility regulation, including topics in antitrust law, the environmental impact of public utility regulation, incentive regulation, price-cap regulation, and contractual relationships.
The Economics Of Public Utility Regulation
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Author : Michael A. Crew
language : en
Publisher: Springer
Release Date : 1986-06-18
The Economics Of Public Utility Regulation written by Michael A. Crew and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-06-18 with Social Science categories.
The Virtual Utility
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Author : Shimon Awerbuch
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Virtual Utility written by Shimon Awerbuch and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
In the winter of 1996, after 4 years of planning and research, the Symposium on the Virtual Utility was held in Saratoga Springs, New York. It was sponsored by Niag ara Mohawk Power Corporation, Co-sponsored by CSC Index and the New York State Energy Research and Development Authority and hosted by Rensselaer Poly technic Institute, Troy, NY. The symposium sought to identify new areas of inquiry by presenting cutting-edge academic and practitioner research intended to further our understanding of the strategic, technologically-driven issues confronting the elec tricity production and distribution process. The program sought to offer new in sights into rapid changes in the utility industry, in part, by examining analogues from manufacturing and telecommunications. In addition to identifying new research areas, the symposium yielded a number of important findings and conclusions. This volume contains the presented papers of the meeting, the discussant reports and two special papers prepared by the meet ing rapporteurs who performed superbly in analyzing, synthesizing, explaining and generally bringing a cohesive perspective to the interesting yet complex set of ideas presented at this unique meeting. We would like to acknowledge the people and organizations that contributed to this effort. We thank Niagara Mohawk Power Corporation and Albert Budney, its President & Chief Operating Officer for sponsoring this project, and Andrew Vesey, Vice President, I whose vision, support and championing made this project possible.
Public Utility Regulatory Act
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Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Power
language : en
Publisher:
Release Date : 1988
Public Utility Regulatory Act written by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Energy and Power and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Cogeneration of electric power and heat categories.