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 |
|---|---|
| Pages (from-to) | 36-43 |
| Number of pages | 8 |
| Journal | Electricity Journal |
| Volume | 15 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - 2002 |
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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 journal › Article
}
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
VL - 15
SP - 36
EP - 43
JO - Electricity Journal
JF - Electricity Journal
SN - 1040-6190
IS - 1
ER -