Government regulation of public utility firms has historically been pervasive and stringent. Today, more flexible forms of incentive regulation are being introduced throughout the world, and barriers to competition are being removed in response to new technological and commercial opportunities. As regulation changes and increased competition arises, numerous research issues arise. For instance, the best forms of incentive regulation must be identified. It is also crucial to assess when competition can supplant regulation entirely, and when residual regulation is needed to supplement antitrust enforcement in order to protect consumers.
Primary Regulation researchers: