IDEAS home Printed from
   My bibliography  Save this article

A Critical Comparison of Utility-Type Ratemaking Methodologies in Oil Pipeline Regulation


  • Peter Navarro
  • Bruce C. Petersen
  • Thomas R. Stauffer


This article tests the efficacy of four formulas for specifying regulated utility rates. All exhibit "intertemporal bias" in that rates are disproportionately and seriously shifted forward upon current consumers ("front-end loading"), although the ICC and Consent Decree formulas yield rates less skewed than the utility and escalated utility rate formulas. "Formula bias" arises in all cases, because the ex post

Suggested Citation

  • Peter Navarro & Bruce C. Petersen & Thomas R. Stauffer, 1981. "A Critical Comparison of Utility-Type Ratemaking Methodologies in Oil Pipeline Regulation," Bell Journal of Economics, The RAND Corporation, vol. 12(2), pages 392-412, Autumn.
  • Handle: RePEc:rje:bellje:v:12:y:1981:i:autumn:p:392-412

    Download full text from publisher

    File URL:
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See for details.

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


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

    Cited by:

    1. William P. Rogerson, 1989. "Optimal Depreciation Schedules for Regulated Utilities," Discussion Papers 852, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    More about this item


    Access and download statistics


    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:rje:bellje:v:12:y:1981:i:autumn:p:392-412. 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: .

    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.