The need for governance of restructured electric power systems and some policy implications

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

Four key factors - bounded rationality, asset specificity, opportunism, and uncertainty - mean the electric power industry cannot function effectively without governance agreements. Three areas of important concern are broadly conceived dispute resolution policies, transparency-enhancing policies, and auditing policies.

Original languageEnglish
Pages (from-to)36-43
Number of pages8
JournalElectricity Journal
Volume15
Issue number1
DOIs
Publication statusPublished - 2002

Fingerprint

electric power industry
opportunism
auditing
Electric power systems
Transparency
transparency
rationality
assets
uncertainty
governance
Industry
Uncertainty
Policy implications
Electric power system
Governance

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation
  • Law

Cite this

The need for governance of restructured electric power systems and some policy implications. / Felder, Frank.

In: Electricity Journal, Vol. 15, No. 1, 2002, p. 36-43.

Research output: Contribution to journalArticle

@article{f1c603ea27cc4088b23445aa636c4481,
title = "The need for governance of restructured electric power systems and some policy implications",
abstract = "Four key factors - bounded rationality, asset specificity, opportunism, and uncertainty - mean the electric power industry cannot function effectively without governance agreements. Three areas of important concern are broadly conceived dispute resolution policies, transparency-enhancing policies, and auditing policies.",
author = "Frank Felder",
year = "2002",
doi = "10.1016/S1040-6190(01)00265-2",
language = "English",
volume = "15",
pages = "36--43",
journal = "Electricity Journal",
issn = "1040-6190",
publisher = "Elsevier Inc.",
number = "1",

}

TY - JOUR

T1 - The need for governance of restructured electric power systems and some policy implications

AU - Felder, Frank

PY - 2002

Y1 - 2002

N2 - Four key factors - bounded rationality, asset specificity, opportunism, and uncertainty - mean the electric power industry cannot function effectively without governance agreements. Three areas of important concern are broadly conceived dispute resolution policies, transparency-enhancing policies, and auditing policies.

AB - Four key factors - bounded rationality, asset specificity, opportunism, and uncertainty - mean the electric power industry cannot function effectively without governance agreements. Three areas of important concern are broadly conceived dispute resolution policies, transparency-enhancing policies, and auditing policies.

UR - http://www.scopus.com/inward/record.url?scp=0036119409&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0036119409&partnerID=8YFLogxK

U2 - 10.1016/S1040-6190(01)00265-2

DO - 10.1016/S1040-6190(01)00265-2

M3 - Article

AN - SCOPUS:0036119409

VL - 15

SP - 36

EP - 43

JO - Electricity Journal

JF - Electricity Journal

SN - 1040-6190

IS - 1

ER -