George Stigler and Claire Friedland studied both unregulated and regulated electric utilities and found no difference in

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George Stigler and Claire Friedland studied both unregulated and regulated electric utilities and found no difference in the rates they charged. One could draw the conclusion that regulation is ineffective when it comes to utility rates.

What ideas or hypotheses presented in this chapter might have predicted this result?

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Microeconomics

ISBN: 9780357720639

14th Edition

Authors: Roger A. Arnold, Daniel R Arnold, David H Arnold

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Question Posted: Nov 01, 2024 07:00 AM

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George Stigler and Claire Friedland studied both unregulated and regulated electric utilities and found no difference in

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Microeconomics

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