Key Features:Demonstrates use of hypothesis testing in economics, using industry data and regression analysis to find "facts" on market performance in markets subject to regulatory changeFocuses on possible tests to undertake with commonly available industry and governmental agency data. As...

In 1992, the U.S. Federal Energy Regulatory Commission created a secondary market for natural gas transportation whereby shippers holding firm transportation capacity on interstate natural gas pipelines can compete with the pipeline in the provision of transportation services. However, if a...

On both sides of the Atlantic, the regulation of gas transmission networks has undergone major changes since the early 1990s. Whereas in the US, the long-standing regime of cost-plus regulation was complemented by increasing pipe-to-pipe competition, most European countries moved towards...