Assessing Stigler’s Economic Theory of Regulation
Despite its flaws and limitations, Stigler’s seminal article on the theory of economic regulation offers important lessons.
A Long-Awaited Participatory Revolution in Energy Regulation
The time is ripe for an Office of Public Participation at the Federal Energy Regulatory Commission.
Satisfaction Is Not the Same as Policy Success
Making decisions that satisfy those involved in regulatory policy-making does not guarantee successful outcomes.