{"id":27091,"date":"2017-01-09T13:45:24","date_gmt":"2017-01-09T13:45:24","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/lawandeconomics\/bibliographies\/5940-public-utilities.html"},"modified":"2017-01-09T13:45:24","modified_gmt":"2017-01-09T13:45:24","slug":"5940-public-utilities","status":"publish","type":"law_economics","link":"https:\/\/reference.findlaw.com\/lawandeconomics\/bibliographies\/5940-public-utilities.html","title":{"rendered":"Encyclopedia of Law &#038; Economics \u2013 5940 Public Utilities"},"content":{"rendered":"<div>\n<ul class=\"links\">\n<li>Amundsen, Eirik S. and Balbir Singh (1992), &#8216;Developing Futures Markets for Electricity in Europe&#8217;, <b>13(3) <\/b> <em>Energy Journal <\/em>, 95-112. <\/li>\n<li>Armstrong, Thomas O. and Leppel, Karen (1994), &#8216;Are Regulated and Potentially Unregulated Combination Gas and Electric Utilities Natural Monopolies&#8217;, <b>46(3) <\/b> <em>Journal of Economics and Business <\/em>, 195-206. <\/li>\n<li>Atkinson, Scott E. and Halvorsen, Robert (1976), &#8216;Interfuel Substitution in Conventional Steam Electric Power Generation&#8217;, <b>84 <\/b> <em>Journal of Political Economy <\/em>, 959-978. <\/li>\n<li>Atkinson, Scott E. and Halvorsen, Robert (1981), &#8216;Automatic Price Adjustment Clauses and Input Choice in Regulated Utilities&#8217;, <b>12 <\/b> <em>Journal of Business Administration <\/em>, 185-196. <\/li>\n<li>Atkinson, Scott E. and Halvorsen, Robert (1986), &#8216;The Relative Efficiency of Public and Private Firms in a Regulated Environment: The Case of U.S. Electric Utilities&#8217;, <b>29(3) <\/b> <em>Journal of Public Economics <\/em>, 281-294. <\/li>\n<li>Atkinson, Scott E. and Halvorsen, Robert (1990), &#8216;Tests of Allocative Efficiency in Regulated Multi-product Firms&#8217;, <b>12(1) <\/b> <em>Resources and Energy <\/em>, 65-77. <\/li>\n<li>Averch, H. and Johnson, L.L. (1962), &#8216;Behavior Of The Firm Under Regulatory Constraint&#8217;, <b>52 <\/b> <em>American Economic Review <\/em>, 1053-1069. <\/li>\n<li>Bailey, Elizabeth E. (1972), &#8216;Peak Load Pricing Under Regulatory Constraint&#8217;, <b>80(4) <\/b> <em>Journal of Political Economy <\/em>, 662-679. <\/li>\n<li>Bailey, Elizabeth E. and Baumol, William J. (1984), &#8216;Deregulation and the Theory of Contestable Markets&#8217;, <b>1 <\/b> <em>Yale Journal of Regulation <\/em>, 111-137. <\/li>\n<li>Bailey, Elizabeth E. and Malone, J. (1970), &#8216;Resource Allocation and the Regulated Firm&#8217;, <b>1 <\/b> <em>Bell Journal of Economics and Management Science <\/em>, 129-142. <\/li>\n<li>Baldick, Ross and Kahn, Edward (1993), &#8216;Network Costs and the Regulation of Wholesale Competition in Electric Power&#8217;, <b>5(4) <\/b> <em>Journal of Regulatory Economics <\/em>, 367-384. <\/li>\n<li>Barcella, Mary L. (1995), &#8216;Natural Gas in the Twenty-First Century&#8217;, <b>31(4) <\/b> <em>Business Economics <\/em>, 19-24. <\/li>\n<li>Baron, D.P. and Besanko, J. (1984), &#8216;Regulation, Asymmetric Information, and Auditing&#8217;, <b>15(4) <\/b> <em>Rand Journal of Economics <\/em>, 447-470. <\/li>\n<li>Baron, D.P. and Taggert, P. (1977), &#8216;A Model of Regulation under Uncertainty and a Test of Regulatory Bias&#8217;, <b>8 <\/b> <em>Bell Journal of Economics <\/em>, 151-167. <\/li>\n<li>Barzel, Yorem (1964), &#8216;The Production Function and the Technical Change in the Steam Electric Industry&#8217;, <b>72 <\/b> <em>Journal of Political Economy <\/em>, 133-150. <\/li>\n<li>Baumol, William J. (1977), &#8216;On the Proper Costs Tests for Natural Monopoly in a Multiproduct Industry&#8217;, <b>67 <\/b> <em>American Economic Review <\/em>, 43-57. <\/li>\n<li>Baumol, William J. and J. Gregory Sidak (1996), <em>Transmission Pricing and Stranded Costs in the Electric Power Industry <\/em>, Washington, DC: American Enterprise Institute. <\/li>\n<\/ul>\n<\/div>\n<div data-readmore=\"true\">\n<ul class=\"links\">\n<li>Baumol, William J. and Willig, Robert D., <em>The Economic Case for Repeal of the Public Utility Holding Company Act of 1935 <\/em>, Supplement to &#8220;Comments of Central and South West Corporation.&#8221; Securities and Exchange Commission, Request for Comments on Modernization of the Regulation of Public Utility Holding Companies, Docket No. 57-32-94 (6 February).. <\/li>\n<li>Baumol, William J., J. Gregory Sidak and Robert J. Michaels (1995), &#8216;Stranded Investment: Pay Up or Mark Down, A Point-Counterpoint&#8217;, <b>May 15 <\/b> <em>Public Utilities Fortnightly <\/em>. <\/li>\n<li>Baumol, William J., Joskow, Paul L. and Kahn, Alfred E. (1995), <em>The Challenge for Federal and State Regulators: Transition from Regulation to Efficient Competition in Electric Power <\/em>, Washington DC: Edison Electric Institute. <\/li>\n<li>Becker, Gary S. (1983), &#8216;A Theory of Competition among Pressure Groups for Political Influence&#8217;, <b>98 <\/b> <em>Quarterly Journal of Economics <\/em>, 371-383. <\/li>\n<li>Bental, B. and Ravid, S. (1986), &#8216;A Simple Method for Evaluating the Marginal Cost of Unsupplied Electricity&#8217;, <b>17 <\/b> <em>Bell Journal of Economics <\/em>, 249-253. <\/li>\n<li>Berg, Sanford V. and Jeong, Jinook (1991), &#8216;An Evaluation of Incentive Regulation for Electric Utilities&#8217;, <b>3(1) <\/b> <em>Journal of Regulatory Economics <\/em>, 45-55. <\/li>\n<li>Berry, Dan Michael (1994), &#8216;Private Ownership Form and Productive Efficiency: Electric Cooperatives versus Investor-Owned Utilities&#8217;, <b>6(4) <\/b> <em>Journal of Regulatory Economics <\/em>. <\/li>\n<li>Berry, K. (1987), &#8216;Rate of Return Regulation and Demand Uncertainty with a Symmetric Regulatory Constraint&#8217;, <b>31(2) <\/b> <em>American Economist <\/em>, 8-12. <\/li>\n<li>Besanko, D. (1985), &#8216;On the Use of Revenue Requirement Regulation under Imperfect Information&#8217;, in Michael A. Crew, (ed.), <em>Analyzing the Impact of Regulatory Change in Public Utilities <\/em>, Lexington Books, Lexington, MA. <\/li>\n<li>Bohi, Douglas R. and Burtraw, Dallas, &#8216;Utility Investment Behavior and the Emission Trading Market&#8217;, <b>14(1-2) <\/b> <em>Resources and Energy <\/em>, 129-153. <\/li>\n<li>Boiteux, Marcel (1964), &#8216;Peak-load Pricing&#8217;, in Marginal Cost Pricing in Practice&#8221; (Prentice-Hall, Englewood Cliffs, NJ, <em>Marginal Cost Pricing in Practice <\/em>, Prentice-Hall, Englewood Cliffs, NJ. <\/li>\n<li>Bondt, W., De (1979), &#8216;Fuel Adjustment Mechanisms and Economic Efficiency&#8217;, <b>27(3) <\/b> <em>The Journal of Industrial Economics <\/em>, 243-261. <\/li>\n<li>Boyes, W. (1976), &#8216;An Empirical Examination of the Averch-Johnson Effect&#8217;, <b>14 <\/b> <em>Economic Inquiry <\/em>, 25-35. <\/li>\n<li>Bradley, Robert L. Jr. (1996), &#8216;The Origins of Political Electricity: Market Failure or Political Opportunism?&#8217;, <b>17(1) <\/b> <em>Energy Law Journal <\/em>, 59-102. <\/li>\n<li>Brennan, Timothy J., Palmer, Karen L., Kopp, Raymond J., Krupnick, Alan J., Stagliano, Vito and Burtraw, Douglas (1996), <em>A Shock to the System: Restructuring America&#8217;s Electric Industry <\/em>, Wasington, DC: Resources for the Future. <\/li>\n<li>Brown, G. and Johnson, M. Bruce (1969), &#8216;Public Utility Pricing and Output Under Risk&#8217;, <b>59 <\/b> <em>American Economic Review <\/em>, 119-128. <\/li>\n<li>Burns, Philip, Jones and Weyman-Jones, Thomas G. (1996), &#8216;Cost Functions and Cost Efficiency in Electricity Distribution: A Stochastic Frontier Approach&#8217;, <b>48(1) <\/b> <em>Bulletin of Economic Research <\/em>, 41-64. <\/li>\n<li>Burtraw, Dallas (1993), <em>The Promise and Prospect for SO2 Emission Trading in Europe <\/em>, working paper) Resources for the Future, Quality of the Environment Division Discussion Paper:92-22, No. 92-22. <\/li>\n<li>Burtraw, Dallas and et al. (1995), &#8216;Optimal &#8220;Adders&#8221; for Environmental Damage by Public Utilities&#8217;, <b>29(3)S <\/b> <em>Journal of Environmental Economics and Management <\/em> in Christ, C.,(ed.), <i>Measurement in Economics <\/i>, Stanford University Press, Stanford, CA, 1-9. <\/li>\n<li>Carroll, Thomas M. and Ciscel, David H., &#8216;The Effects of Regulation on Executive Compensation&#8217;, <b>64 <\/b> <em>The Review of Economics and Statistics <\/em>, 505-509. <\/li>\n<li>Chao, H. and Wilson, R. (1986), &#8216;Multilevel Demand Subscription Pricing for Electric Power&#8217;, <b>4 <\/b> <em>Energy Economics <\/em>, 119-217. <\/li>\n<li>Chao, Hung-Po (1983), &#8216;Peak Load Pricing and Capacity Planning with Demand and Supply Uncertainty&#8217;, <b>14 <\/b> <em>Bell Journal of Economics and Management Science <\/em>, 179-180. <\/li>\n<li>Christensen, Laurits R. and Greene, W. (1976), &#8216;Economics of Scale in U.S. Electric Power Generation&#8217;, <b>84(4) <\/b> <em>Journal of Political Economy <\/em>, 655-675. <\/li>\n<li>Christensen, Laurits R. and Greene, William H., &#8216;Economies of Scale in U.S. Electric Power Generation&#8217;, <b>84(4)-1 <\/b> <em>Journal of Political Economy <\/em>, 655-676. <\/li>\n<li>Claggett, E. Tylor, Jr., Hollas, Daniel R. and Stansell, Stanley P. (1995), &#8216;The Effects of Ownership Form on Profit Maximization and Cost Minimization Behavior Within Municipal and Cooperative Electrical Distribution Utilities&#8217;, <b>43 <\/b> <em>Quarterly Review of Economics and Finance <\/em>, 533-550. <\/li>\n<li>Clarke, Roger G. (1980), &#8216;The Effect of Fuel Adjustment Clauses on the Systematic Risk and Market Values of Electric Utilities&#8217;, <b>35(2) <\/b> <em>Journal of Finance <\/em>, 347-358. <\/li>\n<li>Corey, Gorden R. (1992), &#8216;The U.S. Electric Power Industry: Regulatory Trends and Objectives&#8217;, <b>14(1-2) <\/b> <em>Resources and Energy <\/em>, 77-99. <\/li>\n<li>Cosentino, Fabrizio (1992), &#8216;Alla ricerca della raccomandata perduta: modificate le regole sulla &#8220;posta in gioco&#8221; ( Nota a Corte costituzionale 28 febbraio 1992, n. 74, Soc. Sapri Broker assicuraz. c. Min. Poste ) (Searching for the lost registered letter: rules on mail amended)&#8217;, <b>I <\/b> <em>Il Foro Italiano <\/em>, 1354-1356. <\/li>\n<li>Costello, Kenneth W. and Hemphill, Ross C. (1990), &#8216;Competitive Pricing in the Electric Industry&#8217;, <b>12(1) <\/b> <em>Resources and Energy <\/em>, 49-63. <\/li>\n<li>Coursey, D., Issac, R.M. and Smith, V.L. (1984), &#8216;Natural Monopoly and Contested Markets: Some Experimental Results&#8217;, <b>27 <\/b> <em>Journal of Law and Economics <\/em>, 91-113. <\/li>\n<li>Courvelle, L. (1974), &#8216;Regulation and Efficiency in the Electric Utility Industry&#8217;, <b>5 <\/b> <em>Bell Journal of Economics <\/em>, 53-74. <\/li>\n<li>Cowing, T.G. (1974), &#8216;Technical Change and Scale Economics in an Engineering Production Function: The Case of Steam Electric Power&#8217;, <b>33(1) <\/b> <em>Journal of Industrial Economics <\/em>, 135-152. <\/li>\n<li>Cowing, T.G. and Smith, V. K. (1978), &#8216;The Estimation of a Production Technology: A Survey of Econometric Analysis of Steam Electric Generation&#8217;, <b>54(2) <\/b> <em>Land Economics <\/em>, 156-186. <\/li>\n<li>Cramer, Curtis A. (1994), &#8216;Local Competition for Telephone Services&#8217;, <b>9(3) <\/b> <em>Journal of Industrial Organization <\/em>, 273-291. <\/li>\n<li>Crandall, Robert W. and Ellig, Jerry (1997), <em>Economic Deregulation and Customer Choice: Lessons for the Electric Industry <\/em>, Fairfax, VA: Center for Market Processes. <\/li>\n<li>Crew M. and Kleindorfer, P. (1976), &#8216;Peak Load Pricing with a Diverse Technology&#8217;, <b>7 <\/b> <em>Bell Journal of Economics <\/em>, 207-231. <\/li>\n<li>Crew M. and Kleindorfer, P. (1978), &#8216;Reliability and Public Utility Pricing&#8217;, <b>68 <\/b> <em>American Economic Review <\/em>, 31-40. <\/li>\n<li>Crew M. and Kleindorfer, P. (1981), &#8216;Regulation and Diverse Technology in the Peak Load Problem&#8217;, <b>48(2) <\/b> <em>Southern Economic Journal <\/em>, 335-343. <\/li>\n<li>Cudahy, Richard D. (1992), &#8216;Competition and Regulation: The Swing of the Pendulum&#8217;, <b>14(1-2) <\/b> <em>Resources and Energy <\/em>, 47-52. <\/li>\n<li>Das, S. (1980), &#8216;On the Effective Rate of Return Regulation Under Uncertainty&#8217;, <b>70(3) <\/b> <em>American Economic Review <\/em>, 456-460. <\/li>\n<li>De Alessi, Louis (1980), &#8216;The Economics of Property Rights: A Review of the Evidence&#8217;, in Zerbe, R.,(ed.), <em>Research in Law and Economics <\/em>, 27-28. <\/li>\n<li>Demsetz, Harold (1969), &#8216;Why Regular Utilities?&#8217;, <b>9 <\/b> <em>Journal of Law and Economics <\/em>, 55-65. <\/li>\n<li>Dilorenzo, Thomas J. and Robinson, Ralph (1982), &#8216;Managerial Objectives Subject to Political Market Constraints: Electric Utilities in the U.S.&#8217;, <b>22(2) <\/b> <em>Quarterly Review of Economics and Business <\/em>, 113-125. <\/li>\n<li>Dnes, Anthony W. (1997), &#8216;The Future of het British Post Office&#8217;, <b>4 <\/b> <em>European Journal of Law and Economics <\/em>, 93-102. <\/li>\n<li>Dnes, Antony W. and Seaton, J. (1996), <em>The Regulation of Regional Electricity Companies <\/em>, Utility Finance, No. 4. <\/li>\n<li>Doane, Michael J. and Spulber, Daniel F. (1994), &#8216;Open Access and the Evolution of the U.S. Spot Market for Natural Gas&#8217;, <b>37(2) <\/b> <em>Journal of Law and Economics <\/em>, 477-517. <\/li>\n<li>Doyle, Chris and Maher, Maria (1992), &#8216;Common Carriage and the Pricing of Electricity Transmission&#8217;, <b>13(3) <\/b> <em>Energy Journal <\/em>, 63-94. <\/li>\n<li>Einhorn, Michael A. (1990), &#8216;Purchasing Power for Grid: A Social Contract Approach&#8217;, <b>12(1) <\/b> <em>Resources and Energy <\/em>, 33-48. <\/li>\n<li>Eto, Joseph and et al. (1996), &#8216;The Total Cost and Measured Performance of Utility-Sponsored Energy Efficiency Programs&#8217;, <b>17(1) <\/b> <em>Energy Journal <\/em>, 31-51. <\/li>\n<li>Evans, David S. and Heckman, James J. (1983), &#8216;Multiproduct Cost Function Estimates and Natural Monopoly Tests for the Bell System&#8217;, in , <em>Breaking Up Bell <\/em>, New York: North Holland. <\/li>\n<li>Fare, R., Grosskopf, S. and Logan, J. (1985), &#8216;The Relative Performance of Publicly Owned and Privately Owned Electric Utilities&#8217;, <b>26(1) <\/b> <em>Journal of Public Economics <\/em>, 89-106. <\/li>\n<li>Feigenbaum, Susan and Teeples, Ronald (1983), &#8216;Public Versus Private Water Delivery: A Hedonic Cost Approach&#8217;, <b>65(4) <\/b> <em>Review of Economics and Statistics <\/em>, 672-678. <\/li>\n<li>Formby, John P., Mishra, Banamber and Thistle, Paul D. (1995), &#8216;Public Utility Regulation and Bond Ratings&#8217;, <b>84(1-2) <\/b> <em>Public Choice <\/em>, 119-136. <\/li>\n<li>Fox Penner, Peter S. (1990), &#8216;Regulating Independent Power Producers: Lessons of the PURPA Approach&#8217;, <b>12(1) <\/b> <em>Resources and Energy <\/em>, 117-141. <\/li>\n<li>Gabel, David (1994), &#8216;Competition in a Network Industry: The Telephone Industry, 1894-1910&#8217;, <b>54(3) <\/b> <em>Journal of Economic History <\/em>, 543-572. <\/li>\n<li>Galatin, M. (1968), <em>Economics of Scale and Technological Change in Thermal Power Generation <\/em>, Amsterdam, North-Holland. <\/li>\n<li>Geddes, R. Richard (197), &#8216;Regulation, Ownership, and Managerial Monitoring in the Electric Utility Industry&#8217;, <b>40(1) <\/b> <em>Journal of Law and Economics <\/em>, 261-288. <\/li>\n<li>Geddes, R. Richard (1992), &#8216;A Historical Perspective on Electric Utility Regulation&#8217;, <em>Regulation: The Cato Review of Business and Government <\/em>, 75-82. <\/li>\n<li>Geddes, R. Richard (1994), &#8216;Privatization and Contracts in U.S. Electric Utilities&#8217;, in X (ed.), <em>Private Power in the Pacific <\/em>, Pacific Economic Cooperation Council, Minerals and Energy Forum, 11-24. <\/li>\n<li>Geddes, R. Richard (1996), &#8216;Time to Repeal the Public Utility Holding Company Act&#8217;, <b>16(1) <\/b> <em>Cato Journal <\/em>, 63-76. <\/li>\n<li>Geddes, R. Richard and Griffes, Peter H. (1990), &#8216;The Electric Utility Industry: New Challenges and Old Questions&#8217;, <b>12 <\/b> <em>Resources and Energy <\/em>, 1-15. <\/li>\n<li>Geddes, R. Richard, Griffes, Peter H., Tolley, George and Chirinko, Robert S. (1992), &#8216;Emerging Issues in the Regulation of Electric Utilities&#8217;, <b>14 <\/b> <em>Resources and Energy <\/em>, 3-35. <\/li>\n<li>Gegax, Douglas and Nowotny, Kenneth (1993), &#8216;Competition and the Electric Utility Industry: An Evaluation&#8217;, <b>10(1) <\/b> <em>Yale Journal on Regulation <\/em>, 63-87. <\/li>\n<li>Gilbert, Richard J. and Kahn, Edward P. (eds.) (1996), <em>International Comparisons of Electricity Regulation <\/em>, Cambridge, New York and Melbourne, Cambridge University Press. <\/li>\n<li>Gilsdorf, Keith (1994), &#8216;Vertical Integration Efficiencies and Electric Utilities: A Cost Complementary Perspective&#8217;, <b>34(3) <\/b> <em>Quarterly Review of Economics and Finance <\/em>, 261-282. <\/li>\n<li>Gilsdorf, Keith (1995), &#8216;Testing for Subaddivity of Vertically Integrated Electric Utilities&#8217;, <b>62(1) <\/b> <em>Southern Economic Journal <\/em>, 126-138. <\/li>\n<li>Goldberg, Victor P. 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(1992), &#8216;The Public Utility Holding Company Act, The Easy Step in Electric Utility Regulatory Reform&#8217;, <b>15(1) <\/b> <em>Regulation <\/em>, 58-67. <\/li>\n<li>Grais, Wafik and Kangbin Zheng (1996), &#8216;Strategic Interdependence in European East-West Gas trade: A Hierarchical Stackelberg Game Approach&#8217;, <b>17(3) <\/b> <em>Energy Journal <\/em>, 61-84. <\/li>\n<li>Green, Kevin C. and Lehn, Kenneth M. (1995), &#8216;The Effect of Enhanced Competition on the Equity Values of the Regional Operating Companies&#8217;, <b>16(4) <\/b> <em>Managerial and Decision Economics <\/em>, 469-477. <\/li>\n<li>Green, Richard C. and Newbery, David M.G. (1992), &#8216;Competition in the British Electricity Spot Market&#8217;, <b>100(5) <\/b> <em>Journal of Political Economy <\/em>, 929-953. <\/li>\n<li>Green, Richard C. and Newbery, David M.G. 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(1989), &#8216;Nonprice Concessions and the Effects of Franchise Bidding Schemes on Cable Company Costs&#8217;, <b>21(3) <\/b> <em>Applied Economics <\/em>, 305-324. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"parent":26944,"menu_order":0,"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":false,"_modified_date":"","_cloudinary_featured_overwrite":false},"class_list":["post-27091","law_economics","type-law_economics","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/27091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics"}],"about":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/law_economics"}],"up":[{"embeddable":true,"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/law_economics\/26944"}],"wp:attachment":[{"href":"https:\/\/reference.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=27091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}