Competition in the generation, transmission, and distribution of electricity is of increasing interest to policy makers as well as to buyers and sellers of power. The use of competition as a social policy tool to benefit consumers carries the necessity of preserving competition when it is threatened by mergers or other structural changes. The work explains central principles of antitrust economics and applies them to mergers in the electric power industry. This work focuses on mergers, but the economic principles explained here will be useful in analyzing many important issues flowing from...
Competition in the generation, transmission, and distribution of electricity is of increasing interest to policy makers as well as to buyers and se...
This volume demonstrates the benefits of evaluating the economic merits of policy alternatives, and attempts to determine whether existing policies waste resources or lead to undesirable income transfers among different groups in the population.
This volume demonstrates the benefits of evaluating the economic merits of policy alternatives, and attempts to determine whether existing policies wa...
