Markets for Power: An Analysis of Electric Utility Deregulation

Markets for Power: An Analysis of Electric Utility Deregulation

by Paul L. Joskow, Richard Schmalensee
     
 

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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

Overview

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.Paul L.

Joskow is Professor of Economics and Richard Schmalensee is Professor of Applied Economics, both at MIT

Product Details

ISBN-13:
9780262600187
Publisher:
MIT Press
Publication date:
09/22/1988
Edition description:
Reprint
Pages:
224
Product dimensions:
6.00(w) x 9.00(h) x 1.00(d)
Age Range:
18 Years

Related Subjects

What People are saying about this

From the Publisher
"Markets for Power is a remarkably comprehensive analysis of the prospects for deregulating the electric generation industry.... The book should disabuse anyone of the notion that setting up a market for wholesale electricity is an easy task. In its scope and wisdom, it has no competitors; a 'must read' for students of the industry." Roger G. Noll , California Institute of Technology

Meet the Author

Richard L. Schmalensee is John C. Head III Dean and Professor of Management and Economics at the MIT Sloan School of Management. He is co-editor of Management: Inventing and Delivering Its Future (MIT Press, 2003).

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