Proceedings of the Annual Iowa State University Regulatory Conference on Public Utility Valuation and the Rate Making Process, Volume 26Iowa State University., 1987 |
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Page 50
... industry which theretofore had largely been shielded from the influence of Adam Smith's " Invisible Hand " -- competition made possible by rapidly changing technology , market demands , and public policy changes-- could not flourish if ...
... industry which theretofore had largely been shielded from the influence of Adam Smith's " Invisible Hand " -- competition made possible by rapidly changing technology , market demands , and public policy changes-- could not flourish if ...
Page 51
... industry . In the long distance-- or interexchange-- industry , we have learned that it is possible to give the appearance of deregulating an industry , while still regulating a principal player within that industry , thereby denying ...
... industry . In the long distance-- or interexchange-- industry , we have learned that it is possible to give the appearance of deregulating an industry , while still regulating a principal player within that industry , thereby denying ...
Page 53
... industry , the only foolish bet is that things won't change-- and in ways we can't foresee . But it's evident today that the pace of change in the local exchange industry does not match that in the customer equipment or long distance ...
... industry , the only foolish bet is that things won't change-- and in ways we can't foresee . But it's evident today that the pace of change in the local exchange industry does not match that in the customer equipment or long distance ...
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accounting ACRS addition adjustment airline allocation allowed alternative minimum tax amount antitrust laws assets AT&T basis benefits BOCs bypass capital recovery carriers cogeneration Commission competition competitors Computer construction consumers corporate income tax cost Court customers December 31 deferred tax depreciation reserve deregulation effect Enron equipment estimated expense facilities federal FERC future impact increased industry inside wire interexchange investment tax credit Iowa State Regulatory issues long distance megawatts method million monopoly natural gas natural monopoly Northern Natural obsolescence operating percent pipeline placed in service plant problems production protect public utility purchase PURPA rate base rate-of-return regulation reduced regular corporate income regulation reserve result retirement revenue SCANA significant social contract supra note survivor curves switching tax liability tax rate Tax Reform Act taxpayer telecommunications telephone companies Texas Transco transitional rules transmission utility's vintage