An Evaluation of Economists' Influence on Electric Utility Rate Reforms

Published in: American Economic Review, v. 72, no. 2, May 1982, p. 114-119

Posted on RAND.org on January 01, 1982

by Jan Paul Acton

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This paper traces the role economists played in getting data, analyzing data, and evaluating alternative rate structures. In an attempt to assess the effectiveness of economists in this process, I focus on how our profession influenced the arguments put forth and the nature of the evidence used in the debate--not on whether the outcomes in terms of rates were those proposed or preferred by economists. (Author)

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