IDEAS home Printed from https://ideas.repec.org/a/mes/jeciss/v50y2016i2p519-526.html
   My bibliography  Save this article

Institutionalizing “the Public Interest” in Public Utility Regulation: Harry M. Trebing and the Second Wave of Reform

Author

Listed:
  • William H. Melody

Abstract

John R. Commons and colleagues established the basic model for independent public utility regulation in the United States at the turn of the twentieth century, based on documented market and public interest failures. After limited success and repeated failures in the implementation of regulation, Harry M. Trebing and others at the Federal Communications Commission (FCC) in the late 1960s and 1970s revised and strengthened the model as well as the implementation capabilities of regulators, based on the regulatory weaknesses and unique opportunities for reform in the telecommunication industry. This model was then adapted to improve the regulation of other public utilities. Whereas the new model has also had limited success, the experience accumulated through it has prepared the ground for an inevitable third wave of regulatory reform.

Suggested Citation

  • William H. Melody, 2016. "Institutionalizing “the Public Interest” in Public Utility Regulation: Harry M. Trebing and the Second Wave of Reform," Journal of Economic Issues, Taylor & Francis Journals, vol. 50(2), pages 519-526, April.
    • Handle: RePEc:mes:jeciss:v:50:y:2016:i:2:p:519-526
    DOI: 10.1080/00213624.2016.1179059
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00213624.2016.1179059
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00213624.2016.1179059?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Piotr Szkudlarek, 2021. "Choice Preferences in the Process of Making Regulatory Decisions under Risk and Uncertainty Conditions: An Experimental Study," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 1127-1141.

    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:mes:jeciss:v:50:y:2016:i:2:p:519-526. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MJEI20 .

    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.