Hemphill, Ross C.; Meitzen, Mark E.; Schoech, Philip E. - In: Review of Network Economics 2 (2003) 4, pp. 316-337
We trace the development of incentive regulation in the U.S. telecommunications, electricity, and natural gas industries. Telecom has moved much more in the direction of pure price cap regulation. Incentive regulation in electricity and gas has generally not strayed far from rate-of-return...
