This book proposes a new approach to the government regulation of utilities. Arguing that traditional command-and-control regulation does not encourage efficien

This book proposes a new approach to the government regulation of utilities. Arguing that traditional command-and-control regulation does not encourage efficien

Risk and risk allocation have always been central issues in public utility regulation. Unfortunately, the term “risk” can easily be misrepresented and misin

The company is under-performing, its share price is trailing, and the CEO gets...a multi-million-dollar raise. This story is familiar, for good reason: as this