Regulatory Impressionism: What Regulators Can and Cannot Do
The decision-making process in state utility commissions is best described as "regulatory impressionism." Working in concert with longstanding notions of judicial deference, the existence of regulatory impressionism has far-reaching implications for the move towards a competitive marketpla...
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Veröffentlicht in: | The review of network economics 2003-12, Vol.2 (4), p.466-479 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | The decision-making process in state utility commissions is best described as "regulatory impressionism." Working in concert with longstanding notions of judicial deference, the existence of regulatory impressionism has far-reaching implications for the move towards a competitive marketplace in the digital age. This article explores how state commissions should operate given a plethora of constraints from both internal and external sources, concluding that the most effective reforms must come from within. |
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ISSN: | 2194-5993 1446-9022 1446-9022 |
DOI: | 10.2202/1446-9022.1039 |