Titlebook: Incentive Regulation and the Regulation of Incentives; Glenn Blackmon Book 1994 Springer Science+Business Media New York 1994 consumer.eff

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Incentive Regulation and the Half Loaf,as so far been limited to telecommunications companies, but there is no particular reason why, if it is worthwhile, it could not be applied in other regulated industries. Several states have adopted incentive regulation mechanisms for telephone companies, and while their plans differ in details, they all rely on a single, simple truth:.

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Introduction,the consumer advocate says a 10% rate decrease is in order. The regulator cannot satisfy both. Each issue, viewed in isolation, seems to require a decision about how to cut the pie. When the opportunity comes along to expand the pie, many regulators sit up and take notice, and those that do not, sho

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Why Incentives?, on their bloated expenditures, poor investments, and dumb mistakes. If this is the problem, why not just tell them to do it right? Why not let the regulators regulate? If the company is wasting money, the regulator should order them to cut their costs. If they fail to do so, the regulator should —

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Incentive Regulation and the Half Loaf,s rates are adjusted to reflect its expenditures, but the reimbursement is partial. The firm bears some fractionoc α≤1 of its expenditures. Under cost-of-service regulation the firm’s share is not set by explicit policy; instead it is the product of regulatory lag. In this chapter, I will look at re

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Glenn Blackmonropean institutions and their policies. The current trend in CSR, described as a corporate giving strategy that includes long-term commitments, is supported by the European Commission, which has declared it to be a responsible business behaviour that promotes sustainable growth and assumes responsib