Burns, Philip; Turvey, Ralph; Weyman-Jones, Thomas G - In: Scottish Journal of Political Economy 45 (1998) 2, pp. 133-57
The authors review the case for intermediate power incentive regulation, such as sliding scale, when the regulator is badly informed and the firm's profits have a shadow resource cost. They then evaluate a number of different regulatory regimes, including sliding scale, in terms of productive...
