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 language | English |
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Pages (from-to) | 36-43 |
Number of pages | 8 |
Journal | Electricity Journal |
Volume | 15 |
Issue number | 1 |
DOIs | |
Publication status | Published - 2002 |
ASJC Scopus subject areas
- Business and International Management
- Management of Technology and Innovation
- Law