Regulatory Impressionism: What Regulators Can and Cannot Do

Gifford Raymond L. ()
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Gifford Raymond L.: The Progress and Freedom Foundation

Review of Network Economics, 2003, vol. 2, issue 4, 14

Abstract: The decision-making process in state utility commissions is best described as "regulatory impressionism." Working in concert with longstanding notions of judicial deference, the existence of regulatory impressionism has far-reaching implications for the move towards a competitive marketplace in the digital age. This article explores how state commissions should operate given a plethora of constraints from both internal and external sources, concluding that the most effective reforms must come from within.

Date: 2003
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DOI: 10.2202/1446-9022.1039

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