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Regulatory Impressionism: What Regulators Can and Cannot Do

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  • Gifford Raymond L.

    ()
    (The Progress and Freedom Foundation)

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    Abstract

    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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    File URL: http://www.degruyter.com/view/j/rne.2003.2.4/rne.2003.2.4.1039/rne.2003.2.4.1039.xml?format=INT
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    Bibliographic Info

    Article provided by De Gruyter in its journal Review of Network Economics.

    Volume (Year): 2 (2003)
    Issue (Month): 4 (December)
    Pages: 1-14

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    Handle: RePEc:bpj:rneart:v:2:y:2003:i:4:n:10

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    Web page: http://www.degruyter.com

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    Cited by:
    1. Gregory L. Rosston & Scott J. Savage & Bradley S. Wimmer, 2006. "The Impact of "Deregulation" on Regulator Behavior: An Empirical Analysis of the Telecommunications Act of 1996," Discussion Papers 05-006, Stanford Institute for Economic Policy Research.
    2. Carlos Perez Montes, 2012. "Regulatory bias in the price structure of local telephone services," Banco de Espa�a Working Papers 1201, Banco de Espa�a.
    3. David Sappington & Dennis Weisman, 2012. "Regulating regulators in transitionally competitive markets," Journal of Regulatory Economics, Springer, vol. 41(1), pages 19-40, February.
    4. Pérez Montes, Carlos, 2013. "Regulatory bias in the price structure of local telephone service," International Journal of Industrial Organization, Elsevier, vol. 31(5), pages 462-476.

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