This paper is an empirical assessment of the comparative efficiency of governance structures in an environment marked by high uncertainty. We analyze the short-term impact of retail deregulation on the productive efficiency of electric utilities in the United States. We argue that there are...

Nature and scope of regional and urban economics -- Linear market areas -- Market areas and systems of cities -- Industrial location -- Agglomeration economies and entrepreneur's preferences -- Spatial pricing decisions -- Short-run income models -- Supply-based regional growth analysis --...