Input Biases Under Rate of Return Regulation
New York: Garland Publishing, 1983.
Hardcover. Very Good with no dust jacket. Item #4727
Library stamps/marks/labels/slip/pocket, otherwise light wear. Crisp copy.; "This study's goal is to provide a carefully constructed test of the empirical significance of the A-J effect in the electric utility industry. This industry was chosen partially because of its importance to the economy and to the operation of the capital market. The electric utility industry was also chosen because highly developed rate-of-return regulatory procedures have existed for this industry at both the federal level and the state ... level for an extended period of time. ... Fially the electric utility industry was chosen because it is not an extreme or unusual situation, and indeed it could be expected that a firm's incentive to indulge in the A-J effect may have been muted by the demonstration effect of government and not-for-profit firms that also supply electricity either near or in many cases within the service areas of the private regulated monopolies." ; Outstanding Dissertations in Economics; Ex-Library; 169 pages.