Incentive Regulation for Public Utilities

This book is based on two seminars held at Rutgers on October 22, 1993, and May 6, 1994 entitled `Incentive Regulation for Public Utilities'. These contributions by leading scholars and practitioners represent some of the best new research in public utility economics and include topics such as the theory of incentive regulation, dynamic pricing, transfer pricing, issues in law and economics, pricing priority service, and energy utility resource planning.

1 Incentive Regulation in Theory and Practice.- 2 Incentive Regulation in Telecommunications: Why States Don’t Choose Price Caps.- 3 Dynamic Pricing under Static Regulation: The Case of UBP.- 4 An Economic Analysis of Transfer Pricing and Imputation Policies for Public Utilities.- 5 Long-Distance Telecommunications: Expectations and Realizations in the Post-Divestiture Period.- 6 The Law and Economics of Privacy: Applications to Regulated Utilities.- 7 Pricing Priority Service: Theory versus Utility Practice.- 8 Electric Utility Resource Planning, Conservation Valuation, and Environmental Costing.- 9 Incentives in Pipeline Pricing and Capacity.- 10 Issues in Incentive Regulation: TFP in State Regulatory Reform—Theory Versus Practice.