Markets for Power: An Analysis of Electrical Utility Deregulation

By: Paul L. Joskow

$34.00 - Buy Now >>

Markets for Power provides an unusually complete analysis of the economic, technical, and institutional aspects of the electric utility industry. The authors evaluate four currently popular options for deregulating this unique segment of the economy, and in a balanced program for reform, they advise against total deregulation and recommend a cautious approach to even partial deregulation. Paul L. Joskow is Professor of Economics and Richard Schmalensee is Professor of Applied Economics, both at MIT