To forecast accurately the welfare gains and effects on demand from introducing seasonal electricity rates, we use a variable response model with data from the Los Angeles Electricity Rate Study. The model exploits the time series and cross sectional variation in the data and permits...

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The Federal Communications Commission has enacted final rules for cable television systems in the 100 largest television markets, restricting cable service to a greater degree than previously proposed. Most systems will be limited to importing only two distant television signals. Furthermore,...

Book review

Recently proposed regulations by the Federal Communications Commission would allow cable television firms to import distant television signals into major urban markets, require local origination of programs by the cable system, and set minimum requirements for channel capacity, signal quality,...