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- W2068408077 abstract "An empirical examination of factors that influence a public utility's choice regarding the degree of nonuniformity in its price schedules is reported in this paper. In particular, the results support the Sherman-Visscher theory that tighter rate-of-return regulation encourages a monopolist to adopt more rapidly declining rate structures. Some types of regulatory authority have flatter rate structures than others, suggesting that the rate-of-return induced distortion may be countered by direct regulatory oversight. Somewhat surprisingly, scale economics influence rate structures only weakly, casting doubt on the traditional claim that average price declines because of decreasing average cost." @default.
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- W2068408077 date "1986-04-01" @default.
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- W2068408077 title "The effect of regulation on nonuniform electricity price schedules in the united states" @default.
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- W2068408077 doi "https://doi.org/10.1016/0047-2727(86)90032-0" @default.
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