Table of Contents

1 Seven Myths About Incentive Regulation 1.- 2 Revising Price Caps: The Next Generation of Incentive Regulation Plans.- 3 Price Caps and Revenue Caps: Incentives and Disincentives for Efficiency.- 4 Commissions, Courts, and the Access Pricing Problem.- 5 Industry Structure and Regulation in the England and Wales Electricity Market.- 6 Avoiding Artificial Restrictions on Competition.- 7 Structuring Markets—Determining the Optimal Amount of Regulation: A Discussion of the Changing Electricity Industry.- 8 Utilities Under Competition: An Options-Based Market Approach.- 9 Adopting New Regulatory Technologies in the Electric Utility Industry.- 10 Electric Utility Efficiency with Independent Power Producers.- 11 Regulation, Competition and Rural Telephone Companies.