Markets for Power: An Analysis of Electric Utility Deregulation

by Richard Schmalensee and Paul L. Joskow

Book Overview

This timely study evaluates four generic proposals for allowing free market forces to replace government regulation in the electric power industry and concludes that none of the deregulation alternatives considered represents a panacea for the performance failures associated with things as they are now. It proposes a balanced program of regulatory reform and deregulation that promises to improve industry performance in the short run, resolve uncertainties...

• Format: Paperback
• Language: English
• ISBN: 0262600188
• ISBN13: 9780262600187
• Release Date: September 1988
• Publisher: MIT Press
• Length: 282 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.7" x 5.9" x 8.9"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher