Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.

Klappentext

Markets, Pricing, and Deregulation of Utilities examines the effects of deregulation on the energy and telecommunications industries in an economic environment that has changed dramatically since deregulation was first introduced in those industries several years ago. The contributors to this book discuss the aspects of deregulation that appear to be succeeding and those that seem to be failing. Within that framework, they offer insight as to the possible next stages of regulatory restructuring and reform. The contents of this book provide a strong theoretical base leading to a better understanding of markets, pricing, and deregulation by utility managers, regulators, and economists.

Inhalt

1. Regulation Redux.- 2. The Next Stage of Local Telephone Regulatory Reform.- 3. The Long View of Demand-Side Management Programs.- 4. Determining the Competitiveness of Wholesale Electricity Markets: It Starts with Defining the Markets.- 5. Metering in Electricity Markets: When is More Better?.- 6. Regional Interactions in Electricity Prices in the Eastern United States.- 7. Auctions of Last Resort in Telecom and Energy Regulatory Restructuring.- 8. Shakeout or Shakedown? The Rise and Fall of the CLEC Industry161 Mark L. Burton.- 9. Public Safety as a Public Good: Emergency 911.- 10. Universal Service.