Price Level Regulation for Diversified Public Utilities
Braeutigam, Ronald / Hillman, Jordan J.
and Statement of Purpose.- 1 The Inefficacy of Profit Level Regulation for the Natural Monopoly Markets of Diversified Firms.- A. An Economic Overview.- 1. Economic Rationale for Regulation.- 2. Economic Goals of Natural Monopoly Regulation.- 3. Incentives Under Rate of Return Regulation.- B. A Legal Overview.- 1. A View from the MFJ: A Selective Approach to Intermarket Subsidies.- 2. A View from the FCC: Cost Allocation and Transfer Pricing.-...
