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Markets for Power: An Analysis of Electrical Utility Deregulation

Author

Listed:
  • Paul L. Joskow

    (Massachusetts Institute of Technology)

  • Richard Schmalensee

    (Massachusetts Institute of Technology)

Abstract

Markets for Power provides an unusually complete analysis of the economic, technical, and institutional aspects of the electric utility industry. The authors evaluate four currently popular options for deregulating this unique segment of the economy, and in a balanced program for reform, they advise against total deregulation and recommend a cautious approach to even partial deregulation.

Suggested Citation

  • Paul L. Joskow & Richard Schmalensee, 1988. "Markets for Power: An Analysis of Electrical Utility Deregulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600188, April.
    • Handle: RePEc:mtp:titles:0262600188
    as

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    More about this item

    Keywords

    electric utility industry; deregulation;

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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