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Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.




Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.


Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.
Content:
Front Matter....Pages i-xii
Regulation Redux....Pages 1-25
The Next Stage of Local Telephone Regulatory Reform....Pages 27-52
The Long View of Demand-Side Management Programs....Pages 53-67
Determining the Competitiveness of Wholesale Electricity Markets....Pages 69-85
Metering in Electricity Markets....Pages 87-108
Regional Interactions in Electricity Prices in the Eastern United States....Pages 109-142
Auctions of Last Resort in Telecom and Energy Regulatory Restructuring....Pages 143-160
Shakeout or Shakedown?....Pages 161-181
Public Safety as a Public Good....Pages 183-200
Universal Service....Pages 201-222


Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.
Content:
Front Matter....Pages i-xii
Regulation Redux....Pages 1-25
The Next Stage of Local Telephone Regulatory Reform....Pages 27-52
The Long View of Demand-Side Management Programs....Pages 53-67
Determining the Competitiveness of Wholesale Electricity Markets....Pages 69-85
Metering in Electricity Markets....Pages 87-108
Regional Interactions in Electricity Prices in the Eastern United States....Pages 109-142
Auctions of Last Resort in Telecom and Energy Regulatory Restructuring....Pages 143-160
Shakeout or Shakedown?....Pages 161-181
Public Safety as a Public Good....Pages 183-200
Universal Service....Pages 201-222
....
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