✦ LIBER ✦
The Missing Manifesto: What Economists Should Be Saying about Electric Utility Restructuring in the United States
✍ Scribed by John M. Kelly
- Publisher
- Elsevier Science
- Year
- 2003
- Tongue
- English
- Weight
- 329 KB
- Volume
- 16
- Category
- Article
- ISSN
- 1040-6190
No coin nor oath required. For personal study only.
✦ Synopsis
It is time to re-check the assumptions of the energy and regulatory economists who propose major changes to traditional regulatory institutions and practices. The time is past due to challenge their vague assumptions about what constitutes effective competition, how to assess the reasonable prospects for such competition in a particular market, and what can and should be done to ensure ef®cient operations.