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Overview
This volume focuses on incentive regulation and competition. While much of the regulatory action is taking place in telecommunications, the impact of competition and the resultant regulatory change is being felt in other traditional public utilities including electricity. The book reviews topics including price caps, incentive regulation, market structure and new regulatory technologies.
Synopsis
This volume focuses on incentive regulation and competition. While much of the regulatory action is taking place in telecommunications, the impact of competition and the resultant regulatory change is being felt in other traditional public utilities including electricity. The book reviews topics including price caps, incentive regulation, market structure and new regulatory technologies.
Booknews
Contains 11 contributions which resulted from two seminars held at Rutgers in 1995 and 1996. Topics include seven myths about incentive regulation; price caps and revenue caps; commissions, courts, and the access pricing problem; industry structure and regulation in the England and Wales electricity market; avoiding artificial restrictions on competition; the changing electricity industry; utilities under competition: an options-based market approach; electric utility efficiency with independent power producers; and regulation, competition and rural telephone companies. No index. Annotation c. by Book News, Inc., Portland, Or.