Roberts, R. Blaine; Maddala, G.S.; Enholm, Gregory - In: Bell Journal of Economics 9 (1978) 2, pp. 611-621
This paper contains further analysis of the questions discussed in two papers by Joskow concerning what rate of return a regulated firm will request and what rate of return it will be granted in a formal regulatory process. Using Florida data, this paper extends Joskow's approach by examining...