Under what conditions does cost-of-service regulation lead firms to distort costs? This paper analyzes changes in fuel …-level legislation that ended cost-of-service regulation among investor-owned electric utilities in the late 1990s. I construct a … under cost-of-service regulation. I then show that the drop in the price of coal is associated with a reallocation of …

ensure a level playing-field for innovative services in smart grids and consider implications for research and regulation …. -- Regulation ; Smart Grid ; Smart Meter ; Antitrust …

in cost reduction. Hence, deregulation should be found where cost reduction is less socially relevant and consumers are …. These predictions hold true under several alternative assumptions and are consistent with data on the deregulation … served these markets. To illustrate, deregulation prevailed where the marginal fossil fuel cost and the inefficiency of fuel …

The determinants of incentive regulation are a key issue in economics. More powerful rules relax allocative distortions …

in cost reduction. Hence, deregulation should be found where cost reduction is less socially relevant and consumers are …. These predictions hold true under several alternative assumptions and are consistent with data on the deregulation … served these markets. To illustrate, deregulation prevailed where the marginal fossil fuel cost and the inefficiency of fuel …

The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …

The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …