Public Utility Economics and Finance
Author: Keith M. Howe
Publisher: Prentice Hall
Published: 1982
Total Pages: 312
ISBN-13:
DOWNLOAD EBOOK →Author: Keith M. Howe
Publisher: Prentice Hall
Published: 1982
Total Pages: 312
ISBN-13:
DOWNLOAD EBOOK →Author: Paul J. Garfield
Publisher: Prentice Hall
Published: 1964
Total Pages: 540
ISBN-13:
DOWNLOAD EBOOK →Author: Rabindra Kumar Choudhury
Publisher:
Published: 1993
Total Pages: 554
ISBN-13: 9788170408512
DOWNLOAD EBOOK →Author: Michael A. Crew
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 169
ISBN-13: 1461535867
DOWNLOAD EBOOK →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.
Author: D. Bös
Publisher: Elsevier
Published: 2015-12-04
Total Pages: 472
ISBN-13: 0080514707
DOWNLOAD EBOOK →This clear, precisely written text presents an important branch of the modern, micro-economically based theory of industrial organization and of public finance, utilizing calculus only. Answers are provided to some pertinent economic questions, such as the pricing policies of vote-seeking politicians, of empire-building bureaucrats and of out-put-maximizing and energy-saving public utilities. These policies are compared with the welfare economic benchmark rules e.g. on marginal cost pricing and Ramsey pricing. Great significance is attached to price regulation. The book elucidates the recent replacement of rate of return regulation by price-cap regulation. It also explains why many simple rules like yardstick regulation fail to achieve optimal prices, which shows how complicated it is to induce managers to truthfully reveal their private information. How this can be achieved properly is shown in various principal-agent models on regulation with uncertain costs, uncertain demand and with soft budget constraints.
Author: Martin Gustav Glaeser
Publisher:
Published: 1927
Total Pages: 908
ISBN-13:
DOWNLOAD EBOOK →"Selected public utility bibliography and source materials": pages 831-834.
Author: Kenneth Nowotny
Publisher: Springer Science & Business Media
Published: 2012-12-06
Total Pages: 252
ISBN-13: 9400925085
DOWNLOAD EBOOK →David B. Smith This is a book about the application of economic theory to a unique form of social control - public utility regulation. A central theme of this work is to examine the role that economics has played in shaping the rationale and direction of regulatory practices. While economic theory has played an important role in the shaping of regulatory policy in the past, it has an even greater potential role to play in the future as the regulatory community grapples with the many challenges of a changing economic environment. This is a very timely and much needed piece of work that can serve as a reference for decision makers who are facing the challeng ing problems of deregulation and competition. This work is comprised of 13 selected articles that guide the reader from an initial discussion of why we decided to regulate certain industries in the first place to a specific analysis of what role economic theory has played in the electric, natural gas, telecommunications, and water indus tries, and whether it should be allowed to play an even more dominant role in the future. The reader is then provided with a more modern version of what economists mean by the concept of natural monopoly and a menu of policy options that will allow society to derive any benefits from such a market structure.
Author: Stephen J. Brown
Publisher: Cambridge University Press
Published: 1986-02-28
Total Pages: 272
ISBN-13: 9780521314008
DOWNLOAD EBOOK →Debate about deregulation has focused considerable attention on the pricing policies of public utilities. Much work has been done by economists on this subject, and in this book the results of that research are presented and made accessible to students of economics. The main subject is the policy to be followed by a regulated monopoly, but the analysis is broadened to take account of a fringe of competitive suppliers, making it relevant to electric utilities and local telephone companies in the US, to PTT's in Europe, to the possible privatisatibn of telecommunications in Australia, and to the telecommunications structure in the UK where the dominant supplier has recently been privatised. The book gives a unified and simplified exposition of the modern theory of efficient pricing which is not available elsewhere. The theoretical discussion is supplemented by numerical simulation comparing Fully Distributed Cost Pricing, Ramsey Pricing, and Optimal Non-uniform Pricing.