The Regulatory Process: Principals, Agents, and Information Flows

Autor:	Carl Pechman
Rok vydání:	1993
Předmět:	Knowledge management Risk analysis (engineering) Process (engineering) business.industry ComputingMilieux_LEGALASPECTSOFCOMPUTING Limiting Information flow (information theory) business
Zdroj:	Regulating Power: The Economics of Electrictiy in the Information Age ISBN: 9780792393474
DOI:	10.1007/978-1-4615-3258-3_3
Popis:	The regulatory process is information-intensive. In this process, utilities have a comparative information advantage over regulatory commissions and other interested parties. Utilities are able to manipulate information flow to their own advantage in a number of ways. These include obstructing the flow of information (e.g.,through jurisdictional disputes); increasing the transactions costs of opponents in the regulatory process; misrepresenting facts; and complicating facts through complex modeling and then limiting access to those models.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5831e959ee57960f8c2e4ba86d8ff80d https://doi.org/10.1007/978-1-4615-3258-3_3 Zobrazit plný text záznamu