Economists have traditionally argued that the production and distribution of electric power-
along with telephone, water, and natural gas services-were natural monopolies: economies …

Given a monopoly of essential services, governmental activity to perform the regulatory tasks
undertaken in other fields by competition would seem almost inevitable... Regulation has …

The author is probably the first and foremost proponent of deregulation of electric-power
generation and wholesales within the electric-utility industry itself. Here he sets forth with …

Concern over the US electric power industry has produced proposals for massively
changing the industry. These alterations are often incorrectly described as deregulation …

Several states have enacted and others are contemplating changes in the traditional
industrial organization of electricity markets. Those changes involve the creation of stock‐​ …

For most of the twentieth century investor owned electric utilities (IOUs) have been regulated
by state regulatory commissions with the authority and responsibility to balance consumer …

R. Richard Geddes he traditional approach to regulating electric utilities, involving exclusive
geographic franchises and state commission approval of rate changes and capacity …

The California Public Utilities Commission (CPUC) sent a shockwave through the electricity
industry this April, when it proposed to phase out the state's system of regulated electricity …

I. Introduction The regulation of American industry has fascinated social scientists for many
years. There was a time when political scientists and economists presumed regulation …

Utility rate litigation has become sport, a vent for passions. Each contest satiates for the
moment, then fuels the appetite for further fight. We shrink from the thought of the season …