Filbeck, Greg; Gorman, Raymond F.; Vora, Gautam - In: Managerial and Decision Economics 18 (1997) 7-8, pp. 731-745
Regulation of public utilities is pervasive in any modern economy. Regulation is designed to overcome the deficiencies of market discipline. The decisions of a regulatory agency have impacts for all parties concerned, namely, consumers, management, investors, and community. The economic impact...