Suchergebnisse

"Governments, Competition and Utility Regulation" continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically reviews the state of utility regulation and competition policy

A typology of issues, based on a theory of public advocacy in regulatory proceedings, is used to explain differences in utility regulatory policies. The theory focuses on grass-roots advocates (citizen groups) & proxy advocates (state officials such as the attorney general or a consumer counsel); the issues involve different levels of technical complexity & consumer conflict. It is hypothesized that grass-roots advocates will be effective when issues are low in technical complexity & proxy advocates effective when issues are low in consumer conflict. Aggregate data from 51 public utility commissions confirm these expectations, through multiple regression analysis & profit analysis in four issue areas. Case studies are derived from interviews with 284 public advocates, utility company executives, & public utility regulators in 12 states. Within the same regulatory policy domain, issues differ in complexity & conflict, with important policy consequences. 3 Tables. Modified HA.

Governments, Competition and Utility Regulation continues the series of annual books, published in association with the Institute of Economic Affairs and the London Business School, which critically reviews the state of utility regulation and competition policy