Experimental Research on Deregulated Markets for Natural Gas Pipeline and Electric Power Transmission Networks 13 Research in Law and Economics 1991

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13 Rsch. in L. & Econ. 161 (1991)
Experimental Research on Deregulated Markets for Natural Gas Pipeline and Electric Power Transmission Networks

handle is hein.journals/rlwe13 and id is 179 raw text is: EXPERIMENTAL RESEARCH ON
DEREGULATED MARKETS FOR
NATURAL GAS PIPELINE AND
ELECTRIC POWER TRANSMISSION
NETWORKS
Kevin A. McCabe, Stephen J. Rassenti,
and Vernon L. Smith
ABSTRACT
This paper reports on experimental research into the technical and
economic feasibility of deregulating natural gas pipeline and electric
power transmission networks. We ask not only if this is possible but
the related questions of how to do it, and how far in the spectrum
from partial to total deregulation it might go.
Our approach to defining the structure and property rights in the
deregulated forms of these industries is based on two fundamental
Research in Law and Economics,
Volume 13, pages 161-189.
Copyright � 1991 by JAI Press Inc.
All rights of reproduction in any form reserved.
ISBN: 1-55938-143-4

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