You are not currently logged in.
Access JSTOR through your library or other institution:
On Regulation, Deregulation, and Economics
Sharon B. Megdal
The Energy Journal
Vol. 10, No. 3 (July 1989), pp. 181-195
Published by: International Association for Energy Economics
Stable URL: http://www.jstor.org/stable/41323481
Page Count: 15
You can always find the topics here!Topics: Industrial regulation, Economic regulation, Price regulation, Aviation regulation, Prices, Commercial regulation, Telecommunications deregulation, Economic costs, Energy policy, Regulatory legislation
Were these topics helpful?See something inaccurate? Let us know!
Select the topics that are inaccurate.
Preview not available
This article considers some key elements of the current debates on utility deregulation and industry restructuring. Its purpose is to bridge the gap between economic theory and actual regulatory policymaking. The author explains that the emphasis of regulatory debates has, in large part, shifted from rather routine cases to matters that fundamentally affect market structure. Jurisdictional issues, difficulties associated with determining how to relax regulation of an industry that still has monopoly elements, and problems with the process itself are addressed. The author concludes that important and necessary policy debates would benefit from more substantive dialogue among all involved.
The Energy Journal © 1989 International Association for Energy Economics