IDEAS home Printed from https://ideas.repec.org/p/pcp/pucwps/wp00174.html
   My bibliography  Save this paper

Regulación por incentivos para las empresas de servicios eléctricos

Author

Listed:
  • Paul L. Joskow

    (Profesor de Economía, Instituto Tecnológico de Massachussetts.)

  • Richard Schmalensee

    (Profesor de Administración y Economía, Instituto Tecnológico de Massachussetts)

Abstract

The utilities price regulation in the United States has historically been made by a state commission. Nevertheless, this regulatory system does not incentive cost controls within the utilities. In order to rectify this situation the regulatory commissions have changed their view to one of "incentive regulation" has financial rewards and penalties according to the utility performance. This paper presents a review of the rationales that led to the changes in the regulatory rules and proceedings oriented to the introduction of incentives, of the principles that should guided the construction of solid mechanism of incentives, and of the practical problems that should be solved in order to make the mechanism effective.

Suggested Citation

  • Paul L. Joskow & Richard Schmalensee, 1999. "Regulación por incentivos para las empresas de servicios eléctricos," Documentos de Trabajo / Working Papers 1999-174, Departamento de Economía - Pontificia Universidad Católica del Perú.
    • Handle: RePEc:pcp:pucwps:wp00174
    as

    Download full text from publisher

    File URL: http://files.pucp.edu.pe/departamento/economia/DDD174.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pcp:pucwps:wp00174. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/depucpe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.