Hammond, Christopher J; Johnes, Geraint; Robinson, Terry - In: Journal of Regulatory Economics 22 (2002) 3, pp. 251-70
From 1920 until nationalization, privately owned gas companies in Britain were regulated under one of three systems: the maximum price, the sliding scale, or the basic price system. In effect, the industry was the subject of a remarkable experiment in regulation. Hitherto, there has been no...